0 28 just might be within reach for ultrapar participacoes s a nyseugp shareholder

$0.28 just might be within reach for Ultrapar Participacoes S.A. (NYSE:UGP) shareholder.

March 1, 2018 – By Dolores Ford

Ultrapar Participacoes S.A. (NYSE:UGP) is expected to pay $0.28 on Mar 22, 2018. The indicated annual dividend is $0.55. Shareholders owning the stock before Mar 2, 2018 will be eligible to receive the payout. Based on Ultrapar Participacoes S.A.’s current price of $23.26, the dividend is 1.20 %. This dividend’s record date is Mar 5, 2018 and the announcement date is Feb 23, 2018. The stock decreased 0.89% or $0.21 during the last trading session, reaching $23.26. About 571,562 shares traded or 23.21% up from the average. Ultrapar Participações S.A. (NYSE:UGP) has risen 14.70% since March 1, 2017 and is uptrending. It has underperformed by 2.00% the S&P500.

Ultrapar Participações S.A., through its subsidiaries, engages in the liquefied petroleum gas distribution, fuel distribution, and related businesses. The company has market cap of $12.62 billion. It operates through five divisions: Gas Distribution, Fuel Distribution, Chemicals, Storage, and Drugstores. It has a 24.98 P/E ratio. The Gas Distribution segment distributes LPG to residential, commercial, and industrial consumers, as well as independent dealers, principally in the South, Southeast, and Northeast regions of Brazil.

Ultrapar Participações S.A. (NYSE:UGP) Ratings Coverage

Among 3 analysts covering Ultrapar Participacoes SA (NYSE:UGP), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Ultrapar Participacoes SA had 5 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was upgraded by Zacks on Wednesday, August 19 to “Sell”. Citigroup upgraded the shares of UGP in report on Friday, November 18 to “Buy” rating. On Thursday, August 10 the stock rating was downgraded by Bank of America to “Underperform”. The company was initiated on Thursday, September 24 by Goldman Sachs. The company was downgraded on Tuesday, April 11 by Citigroup.

More recent Ultrapar Participações S.A. (NYSE:UGP) news were published by: Digitaljournal.com which released: “Ultrapar Participacoes SA Sponsored ADR to Host Earnings Call” on February 22, 2018. Also Marketwatch.com published the news titled: “Ultrapar Participacoes S/A ADR” on November 26, 2016. Investorplace.com‘s news article titled: “7 Top Emerging Markets Stocks to Buy Now” with publication date: April 17, 2017 was also an interesting one.

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