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UGI Corporation Message Board

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  • rrb1981 rrb1981 Oct 4, 2011 8:32 PM Flag

    why is this so weak?

    One additional item I like about UGI is that they own 44% of Amerigas Partners (APU). Amerigas is a propane distributor. Amerigas is set up as a master limited partnership. The income that UGI derives from APU covers around 80% or more of the dividend. That allows UGI to reinvest a good portion of the income generated by the utilities back into the company, which in turn allows them to grow earnings, cash flow and of course, the dividends.

    UGI isn't a fast growing company, but they seem to keep growing the dividend year after year so that is nice, and their business model appears solid, with natural gas distribution being a relatively stable business.

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