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A dividend equivalent right entitles the recipient to receive credits equal to the cash or stock dividends or other distributions that would have been received on shares of stock had the shares been issued and outstanding on the dividend record date.
Who owns Ugi? Ugi (NYSE: UGI) is owned by 80.42% institutional shareholders, 1.74% Ugi insiders, and 17.84% retail investors. Blackrock Inc is the largest individual Ugi shareholder, owning 26.92M shares representing 12.85% of the company. Blackrock Inc's Ugi shares are currently valued at $593.32M.
UGI's transfer agent, Computershare Trust Company, N.A., sponsors and administers the direct stock purchase of UGI Corporation stock.
UGI Corporation's ( UGI ) ex-dividend date is December 14, 2023 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. UGI Corporation ( UGI ) pays dividends on a quarterly basis. The next dividend payment is planned on January 1, 2024 .