AmeriGas Propane Increases Quarterly Distribution for the 13th Consecutive Year
April 24 2017 - 6:08PM
Business Wire
Directors of AmeriGas Propane, Inc., general partner of AmeriGas
Partners, L.P. (NYSE: APU), have declared a quarterly partnership
distribution of $0.95 per limited partnership unit, payable May 18,
2017 to unitholders of record May 10, 2017.
The annualized distribution will increase to $3.80 per limited
partnership unit from the current $3.76 per unit. Jerry Sheridan,
president and chief executive officer of AmeriGas, said, “We are
pleased to mark our 13th consecutive year of increasing our
distribution. This track record reflects our commitment to grow the
business and generate reliable and sustainable returns for our
investors over the long term, while maintaining healthy
distribution coverage and leverage levels.”
About AmeriGas Partners, L.P.
AmeriGas is the nation’s largest retail propane marketer,
serving approximately two million customers in all 50 states from
approximately 1,900 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170424006667/en/
AmeriGas Partners, L.P.William Ruthrauff, 610-337-7000 ext.
6571Shelly Oates, 610-337-7000 ext. 3202
AmeriGas Partners (NYSE:APU)
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