The new results reflect an accounting adjustment for some customer credits in its part-owned AmeriGas unit, which lowered earnings by about 2 cents per share. UGI now says it earned $171.9 million, or $1.49 per share, for the three months ended March 31. On April 30, UGI said its revenue for the quarter rose 5 percent to $2.55 billion, from $2.43 billion a year ago.
*Increases annual dividend 4.6%, marking the 129th year of common dividends. and the 26th consecutive year of annual dividend increases. *Sets quarterly dividend of $0.2825 per share.
April 29- Amerigas Partners LP:. *Elects hugh j. gallagher chief financial officer. *Propane says gallagher will succeed john iannarelli.
April 29- AmeriGas Partners LP:. *AmeriGas Propane raises quarterly distribution 5%. *Says declared a quarterly partnership distribution of $0.84 per limited partnership unit.
It’s time for the Lightning Round. Cramer makes the call on viewer favorite.