UGI Corp.’s board of directors declared a quarterly dividend on the company’s common stock of $0.375 per share, payable April 1 to shareholders of record as of March 15, the company announced Jan. 31.

This is the company’s 139th consecutive year of paying common dividends and has raised its dividend each of the last 36 years.

UGI’s board of directors also declared a quarterly dividend on its convertible preferred stock of 0.125% per annum, payable in cash.