AmeriGas Propane Increases Quarterly Distribution for the 11th Consecutive Year
April 27 2015 - 4:15PM
Business Wire
Directors of AmeriGas Propane, Inc., general partner of AmeriGas
Partners, L.P. (NYSE: APU), have declared a quarterly partnership
distribution of $0.92 per limited partnership unit, payable May 18,
2015 to unitholders of record May 11, 2015.
The annualized distribution will increase to $3.68 per limited
partnership unit from the current $3.52 per limited partnership
unit, representing a 4.5% increase. Jerry Sheridan, chief executive
officer of AmeriGas, said, “We are pleased to mark our 11th
consecutive year of increasing our partnership distribution. Our
ability to consistently generate value for our investors over the
long run is clearly reflected in this steady track record of
distribution growth.”
About AmeriGas Partners, L.P.
AmeriGas is the nation’s largest retail propane marketer,
serving approximately two million customers in all 50 states from
over 2,000 distribution locations. UGI Corporation, through
subsidiaries, is the sole General Partner and owns 26% of the
Partnership and the public owns the remaining 74%.
Comprehensive information about AmeriGas is available on the
Internet at http://www.amerigas.com.
Nominees are hereby notified that they are responsible for
withholding 35% of this distribution from foreign investors as
required under Section 1446 of the Internal Revenue Code.
AmeriGas Propane, Inc.William Ruthrauff, 610-337-7000 ext.
6571Shelly Oates, 610-337-7000 ext. 3202
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