UGI Corporation (NYSE:UGI) Plans $0.38 Quarterly Dividend

UGI Corporation (NYSE:UGI) declared a quarterly dividend on Thursday, November 20th. Investors of record on Monday, December 15th will be paid a dividend of 0.375 per share by the utilities provider on Thursday, January 1st. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Monday, December 15th.

UGI has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 37 years. UGI has a payout ratio of 47.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect UGI to earn $3.09 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 48.5%.

UGI Price Performance

UGI traded up $1.61 during trading on Friday, reaching $36.74. The stock had a trading volume of 469,215 shares, compared to its average volume of 1,937,050. The business has a 50-day moving average of $33.34 and a 200-day moving average of $34.75. UGI has a one year low of $25.11 and a one year high of $37.42. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.56 and a current ratio of 0.70. The stock has a market cap of $7.90 billion, a PE ratio of 19.37 and a beta of 1.06.

UGI (NYSE:UGI) last issued its quarterly earnings results on Thursday, November 20th. The utilities provider reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.44) by $0.21. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.52 billion. UGI had a return on equity of 15.73% and a net margin of 5.70%.The company’s revenue was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.27) earnings per share. UGI has set its FY 2026 guidance at 2.900-3.15 EPS. As a group, equities research analysts anticipate that UGI will post 3.02 EPS for the current fiscal year.

About UGI

UGI Corporation, together with its subsidiaries, distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations.