UGI Corporation (UGI) to Distribute Quarterly Dividend of $0.38 on October 1st

UGI Corporation (NYSE:UGI) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Tuesday, September 15th will be given a dividend of 0.375 per share by the utilities provider on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 15th.

UGI has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 37 years. UGI has a payout ratio of 47.8% meaning its dividend is sufficiently covered by earnings. Analysts expect UGI to earn $3.23 per share next year, which means the company should continue to be able to cover its $1.50 annual dividend with an expected future payout ratio of 46.4%.

UGI Price Performance

Shares of UGI stock opened at $34.37 on Friday. The stock’s fifty day simple moving average is $35.36 and its 200 day simple moving average is $36.37. UGI has a one year low of $31.62 and a one year high of $41.34. The firm has a market cap of $7.37 billion, a price-to-earnings ratio of 11.50 and a beta of 0.93. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.00 and a quick ratio of 0.87.

UGI (NYSE:UGI) last released its quarterly earnings data on Wednesday, August 5th. The utilities provider reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.12). UGI had a return on equity of 12.89% and a net margin of 9.20%.The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.50 billion. UGI has set its FY 2026 guidance at 2.750-2.900 EPS. On average, analysts expect that UGI will post 2.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UGI. Weiss Ratings raised shares of UGI from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 12th. Zacks Research lowered shares of UGI from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Jefferies Financial Group restated a “hold” rating and issued a $40.00 price objective (down from $45.00) on shares of UGI in a research report on Thursday, April 30th. Finally, Wells Fargo & Company assumed coverage on shares of UGI in a research note on Monday, May 11th. They issued an “overweight” rating and a $46.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $43.33.

About UGI

UGI Corporation (NYSE: UGI) is a publicly traded energy distribution company headquartered in King of Prussia, Pennsylvania. Founded in 1882 as the United Gas Improvement Company, UGI has grown into a diversified provider of energy products and services. The company’s operations are organized into three primary segments—AmeriGas Propane, UGI Utilities and UGI International—each focused on the delivery of propane, natural gas and related services to residential, commercial and industrial customers.

AmeriGas Propane, UGI’s largest segment, is the leading retail propane distributor in the United States with a network of dealers serving customers in all 50 states.