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

UGI Corporation (NYSE:UGI) announced a quarterly dividend on Wednesday, August 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.375 per share by the utilities provider on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Tuesday, September 15th.

UGI has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 37 consecutive years. UGI has a payout ratio of 47.8% meaning its dividend is sufficiently covered by earnings. Equities research 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

UGI opened at $35.69 on Thursday. The company has a market capitalization of $7.65 billion, a P/E ratio of 12.52 and a beta of 0.93. The company has a 50-day moving average of $35.37 and a 200-day moving average of $36.39. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.87 and a current ratio of 1.00. UGI has a 1-year low of $31.62 and a 1-year high of $41.34.

UGI (NYSE:UGI) last issued its earnings results on Wednesday, August 5th. The utilities provider reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.12). The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.50 billion. UGI had a return on equity of 13.81% and a net margin of 8.71%.UGI has set its FY 2026 guidance at 2.750-2.900 EPS. Equities analysts expect that UGI will post 2.87 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on UGI shares. Jefferies Financial Group reissued a “hold” rating and set a $40.00 price target (down from $45.00) on shares of UGI in a report on Thursday, April 30th. Weiss Ratings raised UGI from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 12th. Wells Fargo & Company began coverage on UGI in a research report on Monday, May 11th. They set an “overweight” rating and a $46.00 price objective for the company. Finally, Zacks Research cut UGI from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. 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.