Ultrapar Participações S.A.
UGPEnergy · Stock · semiannual payer
$4.91
Add to PortfolioForward Yield
6.43%
Annual Dividend
$0.32
Payout Ratio
46%
5-Yr Growth
7.2%
Ex-Date
Dec 12, 2025
Frequency
Semiannual
UGP Dividend Safety Score
50/ 100
Grade C
Borderline
Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage46% of earnings paid out
Free-cash-flow coverage12% of free cash flow
Balance-sheet strengthDebt/equity of 1.14
Yield vs its historyYield is 2.1× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is UGP a good dividend stock?
MixedUltrapar Participações S.A. (UGP) pays a semiannual dividend yielding 6.43% ($0.32/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (46%)
- Strong 7.2% 5-yr dividend growth
Risks
- Cut its dividend in 2023
Key Data
- Dividend Yield
- 6.43%
- Payout Ratio
- 46%
- Annual Dividend
- $0.32
- 5-Yr Avg Growth
- 7.2%
- Ex-Dividend Date
- Dec 12, 2025
- Years of Growth
- 2
- Frequency
- semiannual
- Beta
- 0.31
- Market Cap
- $5.3B
- P/E Ratio
- 8.6
- 5-Yr Total Return
- 30%
- 52-Week Range
- $2.80 – $6.20
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 10, 2025 | — | $0.0780 | regular |
| Aug 19, 2024 | — | $0.0450 | regular |
| Mar 8, 2024 | — | $0.0800 | regular |
| Aug 18, 2023 | — | $0.0520 | regular |
| Feb 24, 2023 | — | $0.0190 | regular |
| May 24, 2022 | — | $0.0800 | regular |
| Mar 4, 2022 | — | $0.0330 | regular |
| Aug 25, 2021 | — | $0.0010 | regular |
| Aug 20, 2021 | — | $0.0380 | regular |
| Mar 5, 2021 | — | $0.0800 | regular |
| Feb 28, 2020 | — | $0.0550 | regular |
| Aug 23, 2019 | — | $0.0500 | regular |
| Mar 1, 2019 | — | $0.0930 | regular |
| Aug 10, 2018 | — | $0.0745 | regular |
Income Calculator
At $0.32 / yr per share
Per payment (semiannual)$16.00
Annual$32.00
Monthly avg$2.67
