VALLEY FORGE, PA — The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.33 per share of the company’s common stock. The dividend is payable July 1, 2020 to shareholders of record as of June 15, 2020.
“We are pleased to announce that UGI has increased its dividend for the 33rd consecutive year,” said John L. Walsh, President and Chief Executive Officer of UGI.
“UGI has demonstrated an ability to practice sound balance sheet management in all market conditions. This discipline has enabled UGI to honor its commitment to shareholders during challenging economic conditions while still maintaining strong liquidity to fund its operations.
“Over the past five years, UGI’s dividend has a compound annual growth rate of 7.7%, well above our 4% commitment to shareholders.”
UGI has paid common dividends for 136 consecutive years, one of the longest consecutive dividend streaks among NYSE-listed companies.
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.