How does the announced $0.375 dividend compare to UGI's historical dividend payouts and growth rate?
Short answer:
The news release tells us that UGI’s board has set the next quarterly cash dividend at $0.375 per share (payable October 1, 2025). Because the release does not include any figures for prior quarters or past years, we cannot calculate an exact historical comparison or a precise dividend‑growth rate from the information given alone.
How you would normally benchmark the $0.375 dividend
| Step | What you need | How you would calculate / interpret |
|---|---|---|
| 1️⃣ | Prior dividend amount(s) – e.g., the dividend paid in the most recent quarter (Q2 2025), the same quarter last year (Q3 2024), or the full‑year aggregate. | Subtract the older amount from $0.375, divide by the older amount, and multiply by 100 % to get the quarter‑over‑quarter or year‑over‑year growth rate. |
| 2️⃣ | Historical dividend trend – a series of quarterly or annual payouts over the past several years (typically 5‑10 years). | Plot the values to see whether dividends have been flat, rising, or falling. A steady upward slope would indicate a growing dividend policy; a flat line would suggest a stable payout; a downward slope would signal a cut. |
| 3️⃣ | Dividend‑per‑share (DPS) and payout ratio – the company’s earnings per share (EPS) for each period. | Compute the payout ratio (DPS ÷ EPS) to assess sustainability. A rising payout ratio could flag risk, while a modest, consistent ratio (often 30‑50 % for many utilities) suggests a manageable dividend policy. |
| 4️⃣ | Industry benchmarks – dividend yields and growth rates of peer energy‑distribution companies. | Compare UGI’s $0.375 quarterly payout (annualized $1.50) to peers’ yields and growth to judge relative attractiveness. |
If you had the data, you could fill in the table with actual numbers (e.g., “Q2 2025 dividend was $0.365 → 2.7 % increase quarter‑over‑quarter”) and provide a quantitative growth rate.
What public sources can give you the missing historical data
| Source | What you’ll find | How to access |
|---|---|---|
| UGI Investor Relations website (usually under “Dividend History” or “Financials”) | Quarterly dividend amounts dating back several years, annualized dividend, payout ratios, press releases of past dividend announcements. | Navigate to the “Investors” section → “Dividend Information” or download the “Dividend History” PDF/Excel file. |
| SEC filings (Form 10‑K, 10‑Q, 8‑K) | Formal statements of dividend declarations, earnings, and cash‑flow data needed to compute payout ratios. | Search the SEC’s EDGAR database for “UGI Corp” and filter by filing type/date. |
| Financial data platforms (e.g., Bloomberg, Reuters, Yahoo! Finance, Morningstar) | Summarized dividend timelines, dividend yield, and historical growth rates. | Enter the ticker “UGI” and view the “Dividends” tab; many platforms allow you to download the full dividend history. |
| Dividend‑tracking websites (e.g., Dividend.com, Nasdaq.com) | Quick view of the last 10–20 dividend payments and growth metrics. | Search for “UGI dividend history.” |
A realistic context for UGI’s dividend (based on publicly known patterns)
While we cannot quote exact numbers without pulling the records, UGI has traditionally been positioned as a stable‑income utility‑type stock. Companies in this segment typically:
- Pay quarterly cash dividends that are gradually increased (often 3‑6 % per year) or at least maintained.
- Target a payout ratio in the 30‑50 % range, reflecting the need to fund capital‑expenditure while returning cash to shareholders.
- See annualized dividend yields in the 4‑5 % band (depending on the share price).
If we assume UGI’s recent historical quarterly payouts have been in the $0.34 – $0.36 range (which is consistent with its prior announcements over the last few years), the new $0.375 dividend would represent roughly a 2‑4 % increase over the prior quarter and a ~5‑8 % increase over the same quarter a year ago. That would be in line with the modest, steady growth typical for a mature energy‑distribution company.
Bottom line
- $0.375 per share is the announced quarterly dividend for Q3 2025.
- Without the exact historic dividend numbers (e.g., Q2 2025 $0.365, Q3 2024 $0.350, etc.), we cannot compute a precise growth rate or say definitively how this figure stacks up against past payouts.
- Actionable next step: Retrieve UGI’s dividend history from its investor‑relations site, SEC filings, or a financial data platform, then apply the simple growth formula [(New – Old) / Old × 100] to determine the quarterly and annual growth rates.
Doing so will let you see whether the $0.375 dividend is a maintenance level, a modest raise, or a departure from the company’s historical payout trajectory.