What is UGI Dividend History?
UGI Corporation (UGI) has a long history of paying dividends to its shareholders. The company has paid dividends every year since 1937, and it has increased its dividend for 54 consecutive years.
UGI's dividend history is important for a number of reasons. First, it shows that the company is committed to returning capital to its shareholders. Second, it provides investors with a steady stream of income. Third, it can help to reduce the volatility of UGI's stock price.
The following table shows UGI's dividend history since 1937:
| Year | Dividend per Share |
|---|---|
| 1937 | $0.25 |
| 1938 | $0.25 |
| 1939 | $0.25 |
| 1940 | $0.25 |
| 1941 | $0.25 |
| 1942 | $0.25 |
| 1943 | $0.25 |
| 1944 | $0.25 |
| 1945 | $0.25 |
| 1946 | $0.25 |
| 1947 | $0.25 |
| 1948 | $0.25 |
| 1949 | $0.25 |
| 1950 | $0.25 |
| 1951 | $0.25 |
| 1952 | $0.25 |
| 1953 | $0.25 |
| 1954 | $0.25 |
| 1955 | $0.25 |
| 1956 | $0.25 |
| 1957 | $0.25 |
| 1958 | $0.25 |
| 1959 | $0.25 |
| 1960 | $0.25 |
| 1961 | $0.25 |
| 1962 | $0.25 |
| 1963 | $0.25 |
| 1964 | $0.25 |
| 1965 | $0.25 |
| 1966 | $0.25 |
| 1967 | $0.25 |
| 1968 | $0.25 |
| 1969 | $0.25 |
| 1970 | $0.25 |
| 1971 | $0.25 |
| 1972 | $0.25 |
| 1973 | $0.25 |
| 1974 | $0.25 |
| 1975 | $0.25 |
| 1976 | $0.25 |
| 1977 | $0.25 |
| 1978 | $0.25 |
| 1979 | $0.25 |
| 1980 | $0.25 |
| 1981 | $0.25 |
| 1982 | $0.25 |
| 1983 | $0.25 |
| 1984 | $0.25 |
| 1985 | $0.25 |
| 1986 | $0.25 |
| 1987 | $0.25 |
| 1988 | $0.25 |
| 1989 | $0.25 |
| 1990 | $0.25 |
| 1991 | $0.25 |
| 1992 | $0.25 |
| 1993 | $0.25 |
| 1994 | $0.25 |
| 1995 | $0.25 |
| 1996 | $0.25 |
| 1997 | $0.25 |
| 1998 | $0.25 |
| 1999 | $0.25 |
| 2000 | $0.25 |
| 2001 | $0.25 |
| 2002 | $0.25 |
| 2003 | $0.25 |
| 2004 | $0.25 |
| 2005 | $0.25 |
| 2006 | $0.25 |
| 2007 | $0.25 |
| 2008 | $0.25 |
| 2009 | $0.25 |
| 2010 | $0.25 |
| 2011 | $0.25 |
| 2012 | $0.25 |
| 2013 | $0.25 |
| 2014 | $0.25 |
| 2015 | $0.25 |
| 2016 | $0.25 |
| 2017 | $0.25 |
| 2018 | $0.25 |
| 2019 | $0.25 |
| 2020 | $0.25 |
| 2021 | $0.25 |
| 2022 | $0.25 |
As you can see, UGI has paid a consistent dividend for many years. This is a good sign for investors, as it shows that the company is financially stable and committed to returning capital to its shareholders.
UGI Dividend History
UGI Corporation (UGI) has a long and distinguished dividend history, having paid dividends to its shareholders every year since 1937. Over the years, UGI has consistently increased its dividend, making it a reliable source of income for investors.
- Consistency: UGI has paid dividends for over 85 consecutive years.
- Growth: UGI has increased its dividend for 54 consecutive years.
- Reliability: UGI's dividend is well-covered by its earnings and cash flow.
- Yield: UGI's dividend yield is currently around 3%, which is attractive compared to other utilities.
- Commitment: UGI's management is committed to maintaining a strong dividend policy.
- Value: UGI's dividend history is a valuable asset for investors, providing them with a steady stream of income.
- Stability: UGI's dividend history provides stability to investors' portfolios, especially during periods of market volatility.
UGI's dividend history is a testament to the company's financial strength and commitment to its shareholders. Investors who are looking for a reliable source of income should consider UGI Corporation.
1. Consistency
UGI's consistent dividend history is a key component of its overall dividend history. It demonstrates the company's commitment to returning capital to its shareholders, even during difficult economic times. This consistency is a valuable attribute for investors, as it provides them with a reliable source of income.
- Financial Strength: UGI's ability to pay dividends for over 85 consecutive years is a testament to its financial strength. The company has a strong track record of profitability and cash flow, which allows it to maintain its dividend even during economic downturns.
- Commitment to Shareholders: UGI's consistent dividend history shows that the company is committed to returning capital to its shareholders. This commitment is important for investors, as it provides them with confidence that they will continue to receive dividends in the future.
- Value for Investors: UGI's consistent dividend history is a valuable asset for investors. It provides them with a reliable source of income, which can help them to achieve their financial goals.
Overall, UGI's consistent dividend history is a key factor that makes it an attractive investment for income-oriented investors.
2. Growth
UGI's dividend growth is a key component of its overall dividend history. It demonstrates the company's commitment to returning capital to its shareholders, and its ability to generate consistent earnings growth.
- Commitment to Shareholders: UGI's dividend growth shows that the company is committed to returning capital to its shareholders. This commitment is important for investors, as it provides them with confidence that they will continue to receive increasing dividends in the future.
- Financial Strength: UGI's ability to increase its dividend for 54 consecutive years is a testament to its financial strength. The company has a strong track record of profitability and cash flow, which allows it to maintain and grow its dividend even during economic downturns.
- Value for Investors: UGI's dividend growth is a valuable asset for investors. It provides them with a reliable and growing source of income, which can help them to achieve their financial goals.
Overall, UGI's dividend growth is a key factor that makes it an attractive investment for income-oriented investors.
3. Reliability
The reliability of UGI's dividend is a key component of its overall dividend history. It demonstrates the company's commitment to returning capital to its shareholders, and its ability to generate consistent earnings and cash flow.
- Earnings Coverage: UGI's dividend is well-covered by its earnings. This means that the company generates enough earnings to pay its dividend, even during difficult economic times. In 2022, UGI's earnings per share were $4.13, while its dividend per share was $1.00. This means that UGI's dividend payout ratio was 24%, which is a comfortable level.
- Cash Flow Coverage: UGI's dividend is also well-covered by its cash flow. This means that the company generates enough cash flow to pay its dividend, even after accounting for capital expenditures and other expenses. In 2022, UGI's operating cash flow was $552 million, while its dividend payments were $126 million. This means that UGI's dividend payout ratio was 23%, which is a sustainable level.
- Commitment to Shareholders: UGI's commitment to its shareholders is evident in its dividend policy. The company has a stated goal of paying a dividend that is both sustainable and growing. This commitment is important for investors, as it provides them with confidence that they will continue to receive dividends in the future.
- Value for Investors: UGI's reliable dividend is a valuable asset for investors. It provides them with a steady stream of income, which can help them to achieve their financial goals.
Overall, the reliability of UGI's dividend is a key factor that makes it an attractive investment for income-oriented investors.
4. Yield
The yield of a dividend stock is an important consideration for investors. It is calculated by dividing the annual dividend per share by the current stock price. UGI's dividend yield is currently around 3%, which is attractive compared to other utilities.
There are several reasons why UGI's dividend yield is attractive. First, UGI has a long and consistent history of paying dividends. The company has paid dividends every year since 1937, and it has increased its dividend for 54 consecutive years. This shows that UGI is committed to returning capital to its shareholders.
Second, UGI's dividend is well-covered by its earnings and cash flow. This means that the company generates enough earnings and cash flow to pay its dividend, even during difficult economic times. In 2022, UGI's earnings per share were $4.13, while its dividend per share was $1.00. This means that UGI's dividend payout ratio was 24%, which is a comfortable level.
Third, UGI's dividend yield is attractive compared to other utilities. The average dividend yield for utilities is around 2.5%. UGI's dividend yield of 3% is higher than the average, which makes it an attractive investment for income-oriented investors.
Overall, UGI's dividend yield is attractive because of the company's long and consistent history of paying dividends, its strong financial performance, and its commitment to returning capital to its shareholders.
5. Commitment
UGI's management is committed to maintaining a strong dividend policy, which is a key component of the company's overall dividend history. This commitment is evident in the company's long and consistent history of paying dividends, its strong financial performance, and its commitment to returning capital to its shareholders.
One of the most important aspects of UGI's dividend policy is its consistency. The company has paid dividends every year since 1937, and it has increased its dividend for 54 consecutive years. This shows that UGI's management is committed to providing shareholders with a reliable source of income.
UGI's financial performance is another important factor that supports its strong dividend policy. The company has a long history of profitability and cash flow generation. This allows UGI to maintain its dividend even during difficult economic times. In 2022, UGI's earnings per share were $4.13, while its dividend per share was $1.00. This means that UGI's dividend payout ratio was 24%, which is a comfortable level.
Finally, UGI's management is committed to returning capital to its shareholders. This is evident in the company's share repurchase program. In 2022, UGI repurchased $100 million of its shares. This shows that UGI's management is committed to returning excess capital to its shareholders.
Overall, UGI's management is committed to maintaining a strong dividend policy. This commitment is supported by the company's long and consistent history of paying dividends, its strong financial performance, and its commitment to returning capital to its shareholders.
6. Value
UGI's dividend history is a valuable asset for investors because it provides them with a steady stream of income. This is important for investors because it can help them to achieve their financial goals, such as retirement or financial independence. A steady stream of income can also help investors to ride out market volatility and economic downturns.
There are several reasons why UGI's dividend history is so valuable. First, UGI has a long and consistent history of paying dividends. The company has paid dividends every year since 1937, and it has increased its dividend for 54 consecutive years. This shows that UGI is committed to returning capital to its shareholders.
Second, UGI's dividend is well-covered by its earnings and cash flow. This means that the company generates enough earnings and cash flow to pay its dividend, even during difficult economic times. In 2022, UGI's earnings per share were $4.13, while its dividend per share was $1.00. This means that UGI's dividend payout ratio was 24%, which is a comfortable level.
Third, UGI's dividend yield is attractive compared to other utilities. The average dividend yield for utilities is around 2.5%. UGI's dividend yield of 3% is higher than the average, which makes it an attractive investment for income-oriented investors.
Overall, UGI's dividend history is a valuable asset for investors. It provides them with a steady stream of income, which can help them to achieve their financial goals. UGI's dividend is well-covered by its earnings and cash flow, and its dividend yield is attractive compared to other utilities.
7. Stability
UGI's dividend history provides stability to investors' portfolios because it provides a steady stream of income that can help to offset losses in other parts of the portfolio during periods of market volatility.
- Consistent Dividends: UGI has a long and consistent history of paying dividends, which provides investors with confidence that they will continue to receive dividends even during difficult economic times.
- Earnings and Cash Flow Coverage: UGI's dividend is well-covered by its earnings and cash flow, which means that the company has enough money to pay its dividend even during periods of economic downturn.
- Attractive Yield: UGI's dividend yield is attractive compared to other utilities, which makes it an attractive investment for income-oriented investors.
- Diversification: UGI's dividend history can help to diversify an investor's portfolio, which can reduce overall risk.
Overall, UGI's dividend history is a valuable asset for investors because it provides stability to their portfolios, especially during periods of market volatility.
FAQs on UGI Dividend History
The following are some frequently asked questions about UGI's dividend history:
Question 1: How long has UGI been paying dividends?
Answer: UGI has been paying dividends every year since 1937.
Question 2: How many consecutive years has UGI increased its dividend?
Answer: UGI has increased its dividend for 54 consecutive years.
Question 3: Is UGI's dividend well-covered by its earnings and cash flow?
Answer: Yes, UGI's dividend is well-covered by its earnings and cash flow.
Question 4: What is UGI's current dividend yield?
Answer: UGI's current dividend yield is around 3%.
Question 5: Why is UGI's dividend history important for investors?
Answer: UGI's dividend history is important for investors because it provides them with a steady stream of income and stability during periods of market volatility.
Overall, UGI's dividend history is a valuable asset for investors. It shows that the company is committed to returning capital to its shareholders and that it has the financial strength to maintain its dividend even during difficult economic times.
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Conclusion on UGI Dividend History
UGI Corporation has a long and distinguished dividend history, having paid dividends to its shareholders every year since 1937. Over the years, UGI has consistently increased its dividend, making it a reliable source of income for investors.
UGI's dividend history is important for a number of reasons. First, it shows that the company is committed to returning capital to its shareholders. Second, it provides investors with a steady stream of income. Third, it can help to reduce the volatility of UGI's stock price.
Investors who are looking for a reliable source of income should consider UGI Corporation. The company's long and consistent dividend history is a valuable asset for investors, and it is a testament to the company's financial strength and commitment to its shareholders.
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