VALLEY FORGE, PA — The Board of Directors of UGI Corporation (NYSE: UGI) recently declared a quarterly dividend of $0.36 per share of the company’s common stock, representing a 4.3% increase. The dividend is payable July 1, 2022, to shareholders of record as of June 15, 2022.
Roger Perreault, President and Chief Executive Officer of UGI, said, “We are pleased to increase our common stock quarterly dividend, marking the 35th consecutive year of increases. This increase is reflective of our strong balance sheet and ongoing confidence in UGI’s cash generation capability. Over the past 10 years, UGI’s dividend has provided a compound annual growth rate of 7.2%, well above our 4% commitment to shareholders.”
UGI’s Board of Directors also declared a quarterly dividend of 0.125% per annum, payable in cash, on the company’s convertible preferred stock. The dividend is payable on June 1, 2022.
Thanks for visiting! MyChesCo brings reliable information and resources to Chester County, Pennsylvania. Please consider supporting us in our efforts. Your generous donation will help us continue this work and keep it free of charge. Show your support today by clicking here and becoming a patron.