UGI Corporation Dividends
The next dividend date for UGI Corporation has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for UGI Corporation (UGI)
More About UGI Corporation
UGI Corporation, together with its subsidiaries, engages in the distribution, storage, transportation, and marketing of energy products and related services in the United States and internationally. The company operates through four segments: Utilities, Midstream & Marketing, UGI International, and AmeriGas Propane. It distributes propane to approximately 1.1 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,360 propane distribution locations. The company distributes liquefied petroleum gases (LPG) to residential, commercial, industrial, agricultural, wholesale and automobile fuel customers; and provides logistics, storage, and other services to third-party LPG distributors. In addition, it engages in the retail sale of natural gas, liquid fuels, and electricity to approximately 10,800 residential, commercial, and industrial customers at 40,000 locations. Further, the company distributes natural gas to approximately 689,000 customers in eastern and central Pennsylvania counties through its distribution system of approximately 12,700 miles of gas mains; and supplies electricity to approximately 62,900 customers in northeastern Pennsylvania through 2,700 miles of lines and 14 substations. Additionally, it operates electric generation facilities, including solar-powered facilities; a natural gas liquefaction, storage, and vaporization facility; propane storage and propane-air mixing stations; and rail transshipment terminals. It manages natural gas pipeline and storage contracts; develops, owns, and operates pipelines, gathering infrastructure, and gas storage facilities. UGI Corporation was incorporated in 1882 and is headquartered in King of Prussia, Pennsylvania.
Owning UGI Corporation Stock on the Dividend Date
If you own UGI Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of UGI Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of UGI Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying UGI Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the UGI Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More UGI Corporation Dividends
You can contact us any time if you would like to ask questions about UGI Corporation dividends or anything else related to the stock market.