As the day concludes, UGI UGI is preparing to distribute a dividend payout of $0.38 per share, resulting in an annualized dividend yield of 6.82%. This payout is exclusive to investors who held the stock before the ex-dividend date on December 14, 2023.
UGI Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-14 | 4 | $0.38 | 6.82% | 2023-11-16 | 2023-12-15 | 2024-01-01 |
| 2023-09-14 | 4 | $0.38 | 5.66% | 2023-08-02 | 2023-09-15 | 2023-10-01 |
| 2023-06-14 | 4 | $0.38 | 4.59% | 2023-05-03 | 2023-06-15 | 2023-07-01 |
| 2023-03-14 | 4 | $0.36 | 3.62% | 2023-02-01 | 2023-03-15 | 2023-04-01 |
| 2022-12-14 | 4 | $0.36 | 3.9% | 2022-11-17 | 2022-12-15 | 2023-01-01 |
| 2022-09-14 | 4 | $0.36 | 3.35% | 2022-08-03 | 2022-09-15 | 2022-10-01 |
| 2022-06-14 | 4 | $0.36 | 4.06% | 2022-05-04 | 2022-06-15 | 2022-07-01 |
| 2022-03-14 | 4 | $0.34 | 3.01% | 2022-02-02 | 2022-03-15 | 2022-04-01 |
| 2021-12-14 | 4 | $0.34 | 3.05% | 2021-11-18 | 2021-12-15 | 2022-01-01 |
| 2021-09-14 | 4 | $0.34 | 2.96% | 2021-08-04 | 2021-09-15 | 2021-10-01 |
| 2021-06-14 | 4 | $0.34 | 3.12% | 2021-05-05 | 2021-06-15 | 2021-07-01 |
| 2021-03-12 | 4 | $0.33 | 3.67% | 2021-02-03 | 2021-03-15 | 2021-04-01 |
In terms of dividend yield, UGI finds itself in the middle ground among its industry peers, while Suburban Propane Partners SPH takes the lead with the highest annualized dividend yield at 7.13%.
Analyzing UGI Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $1.31 in 2020 to $1.48 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For UGI
From 2020 to 2023, UGI experienced a decrease in earnings per share, dropping from $2.86 to $2.85. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
Recap
This article provides an in-depth analysis of UGI's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.38 per share, resulting in an annualized dividend yield of 6.82%.
In terms of dividend yield, UGI finds itself in the middle ground among its industry peers, while Suburban Propane Partners takes the lead with the highest annualized dividend yield at 7.13%.
Considering the increase in dividend per share from 2020 to 2023 alongside a decrease in earnings per share, UGI appears to be focusing on maintaining dividend payments even with a decline in profitability.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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