Is Apu a great dividend paying stock?
APU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of AmeriGas Partners is 172.73%. Payout ratios above 75% are not desirable because they may not be sustainable.
What was the earnings release for AmeriGas Partners (Apu)?
AmeriGas Partners, L.P. (NYSE:APU) released its quarterly earnings data on Monday, May, 6th. The energy company reported $1.42 earnings per share for the quarter, missing analysts' consensus estimates of $2.23 by $0.81.
What brands does Apu make?
APU's brand portfolio has now 35 brands of dairy and soft drinks products and alcoholic beverages for all segments of the local market. Its products are sold in markets such as China, Hong Kong, South Korea, Russia, Europe, and the USA . Mongolia's first brewery began its production in 1927 with the assistance of Czech experts.
What does Apu do?
APU Joint-stock company has three local subsidiaries: APU Trading LLC the exclusive distributor of products, Depod LLC the bottle recycling arm and Nature Agro LLC the spirits division. All production facilities for the company are located in the capital city of Ulaanbaatar :
Who bought APU?
UGI Corp completed its merger with Amerigas Partners on 8/19/2019. APU shareholders had 3 options, all cash, all UGI stock or a combination of cash and UGI stock.
Is AmeriGas a good stock?
AmeriGas Partners(NYSE:APU) pays an annual dividend of $3.80 per share and currently has a dividend yield of 11.89%. APU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of AmeriGas Partners is 172.73%.
What company owns AmeriGas?
UGI CorporationAmeriGas Propane Holdings, I...AmeriGas/Parent organizations
Is AmeriGas being bought out?
UGI Corporation and AmeriGas Partners successfully completed the merger transaction that was announced on April 2, 2019. UGI acquired the approximately 69.2 million public common units of AmeriGas it did not already own in completing the buy-in of AmeriGas, the nation's largest retail propane marketer.
Who is president of amerigas?
Paul LadnerAmeriGas / President
Can you invest in propane?
Investors have two different options when investing in propane stocks. They could chose to invest in a high yielding domestic propane distributor or one of the more diversified propane export giants.
How much is AmeriGas worth?
AmeriGasTypeSubsidiaryRevenue$2.822 billion (2018)Net income$0.190 billion (2018)Total assets$3.925 billion (2018)Total equity$0.536 billion (2018)11 more rows
When did AmeriGas buy Heritage Propane?
AmeriGas acquires Heritage Propane; Bissell announces retirement for 2012. AmeriGas Partners L.P. reached an agreement to acquire Heritage Propane, the propane operations of Energy Transfer Partners L.P., for about $2.9 billion, the nation's largest propane retailer announced.
Who owns Titan propane?
AmeriGas Partners agrees to acquire Heritage Operating and Titan Energy Partners. AmeriGas Partners of Valley Forge is reinforcing its position as the country's largest propane distributor by agreeing to pay $2.9 billion for the nation's third-largest LP distributor.
Who is the CEO of AmeriGas Propane?
Hugh J. Gallagher is President and Chief Executive Officer of AmeriGas Propane (September 2018). Previously, Hugh served as Vice President of Finance and Chief Financial Officer of AmeriGas Propane (since April 2013).
Should I invest in UGI?
UGI Corporation - Hold Valuation metrics show that UGI Corporation may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of UGI, demonstrate its potential to outperform the market. It currently has a Growth Score of C.
What does UGI stand for?
An upper gastrointestinal series (UGI) is a radiographic (X-ray) examination of the upper gastrointestinal (GI) tract. The esophagus, stomach, and duodenum (first part of the small intestine) are made visible on X-ray film by a liquid suspension.
What is annualized dividend yield?
Dividend Yield is the relation between a stock’s Annualized Dividend and its current stock price. Click here to learn more. Annualized Dividend is a standard in finance that lets you compare companies that have different payout frequencies.
Is the return of capital and capital gains distribution included in ETF estimates?
For ETFs and Mutual Funds, return of capital and capital gains distributions are not included.
Do MLPs pay corporate taxes?
As aforementioned, MLPs are not subject to any corporate tax. They instead serve as a pass through the unit for tax purposes. Instead of getting a Form 1099, investors usually get a Schedule K-1 tax form. This factor sees MLPs distributing most, if not all of the cash flow to their investors every year. This enables MLPs to pay higher dividends out to their shareholders.
Is MLP a declining industry?
MLP has for long been a declining industry and this makes any organic growth by AmeriGas harder to come by. AmeriGas stated in its 2017 annual report that the industry volumes of retail propane have been declining for some time. and little to no growth in demand for propane will be witnessed. The company’s ability to grow in the industry is dependent on how able it is in acquiring smaller retail distributors for it to achieve internal growth. While this move promises slight growth, it is only short term and soon MLP may find itself on the wrong side of the industry.
Is Amerigas a propane distributor?
According to Simply Safe Dividends, AmeriGas is among the largest propane distributors in the nation and still commands about 13% of the market share in the US. It has been able to achieve industry-principal economies of scale by several small acquisitions over time.
What is APU joint stock?
APU Joint-stock company is the brand manufacturer and under it run three subsidiaries within the Mongolian zone unit of the APU company: APU Trading LLC which is the exclusive distributor of products, Depod LLC the bottle recycling arm and Nature Agro LLC the spirits division.
When was APU founded?
Established April the 15th 1924 as a state monopoly later being partially privatised in 1992 with 51% of shares being retained by the state. In 2001 the state owned shares were sold through the Mongolian Stock Exchange and APU became fully publicly owned.