VALLEY FORGE, Pa.--(BUSINESS WIRE)--The Board of Directors of UGI Corporation (NYSE: UGI) has declared an increase of its dividend from $0.30 to $0.325 per share of the company’s common stock. This is the second of two dividend increases announced in conjunction with the AmeriGas merger transaction. The dividend is payable October 1, 2019 to shareholders of record as of August 9, 2019.
UGI has paid common dividends for 135 consecutive years and raised its dividend in each of the last 32 years.
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 in eleven eastern states, the District of Columbia and internationally in France, Belgium the Netherlands and the UK. 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 https://www.ugicorp.com.