UGI Increases Annual Dividend Marking the 134th Year of Common Dividends and the 31st Consecutive Year of Annual Dividend Increases
VALLEY FORGE, Pa.–(BUSINESS WIRE)–The Board of Directors of UGI Corporation (NYSE: UGI) has declared a
quarterly dividend of $0.26 per share on the companyÔÇÖs common stock
representing a 4% increase. The dividend is payable July 1, 2018 to
shareholders of record as of June 15, 2018.
John Walsh, president and chief executive officer of UGI, said, ÔÇ£We are
pleased to mark the 31st consecutive year of increasing UGIÔÇÖs
dividend. Returning a portion of the companyÔÇÖs earnings to its
shareholders, while continuing to invest in growth opportunities, has
been a tradition at UGI that has endured through multiple economic
cycles and business conditions. This consistency is a testament to the
strength and resilience of the company and represents a cornerstone of
the value we seek to create for our investors.ÔÇØ
About UGI
UGI is a distributor and marketer of energy products and services.
Through subsidiaries, UGI operates natural gas and electric utilities in
Pennsylvania, distributes propane both domestically and internationally,
manages midstream energy and electric generation assets in Pennsylvania,
and engages in energy marketing primarily in the Mid-Atlantic region as
well as parts of Europe. UGI, through subsidiaries, is the sole General
Partner and owns 26% of AmeriGas Partners, L.P. (NYSE:APU), the nation's
largest retail propane distributor.
Comprehensive information about UGI Corporation is available on the
Internet at http://www.ugicorp.com.
Contacts
UGI Corporation
Will Ruthrauff, 610-337-1000 ext. 6571
Brendan
Heck, 610-337-1000 ext. 6608
Shelly Oates, 610-337-1000 ext. 3202