Does Ultrapar Participacoes (UGP) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Ultrapar Participacoes (UGP) pays a dividend yielding about 5.16% as of August 2026, paid twice a year. The latest payment on record was $0.0780 per share, ex-dividend March 10, 2025. The forward annual rate is roughly $0.32 per share, about $516 a year on a $10,000 position before tax. The payout takes about 46% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Ultrapar Participacoes (UGP) pay a dividend?
Yes. Ultrapar Participacoes distributes a dividend yielding roughly 5.16% as of August 2026, paid twice a year. The most recent payment on record was $0.0780 per share, with an ex-dividend date of March 10, 2025. Annualized, that is about $0.32 per share.
The two ratios that matter most here are EV/EBITDA of ~6.8x and net debt to EBITDA of ~1.5x, because a distributor with ~2% EBITDA margins is valued on cash conversion and balance-sheet room rather than on revenue. Reported net income more than doubled to ~R$914 million in the first quarter of 2026, which is why the forward multiple sits well below the trailing one. Second quarter 2026 results were scheduled for August 12, 2026 with a call the following morning, and analysts going in were modelling about ~$0.27 per ADR on roughly ~$8.2 billion of quarterly revenue.
UGP dividend at a glance
| 2025-03-10 | $0.078 |
| 2024-08-19 | $0.045 |
| 2024-03-08 | $0.08 |
| 2023-08-18 | $0.052 |
| 2023-02-24 | $0.019 |
| 2022-05-24 | $0.08 |
UGP dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with UGP's investor relations page before relying on it.
Is the UGP dividend covered?
Ultrapar Participacoes paid out about 46% of its earnings as dividends, so the payout is comfortably covered. That is the range most established dividend payers sit in: enough profit is retained to keep funding the business, with room to raise the dividend if earnings grow.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the UGP dividend has changed
The latest payment of $0.0780 per share compares with $0.0800 in the equivalent payment a year earlier (March 8, 2024). That is a change of -2.5% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on UGP's investor relations page.
What UGP's dividend means for you
- Income: about $516 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for UGP the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How UGP dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the UGP dividend
Ultrapar Participacoes (UGP) pays about 5.16%, or roughly $0.32 per share a year. That is a genuine income yield, so the payout is a real part of the case for holding it, and the coverage question above is the one to answer first. For the full picture see the UGP guide. Walnut can show how UGP fits your real portfolio. It is not an investment adviser.
Investing in Ultrapar Participacoes with AI
Connect the broker you already use and ask Walnut's AI how UGP fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Ultrapar Participacoes (UGP) pay a dividend?
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Yes. Ultrapar Participacoes pays a dividend yielding roughly 5.16% as of August 2026, paid twice a year. The most recent payment on record was $0.0780 per share with an ex-dividend date of March 10, 2025. That works out to a forward annual rate of about $0.32 per share. Yields move with the share price, so verify the current figure with your broker or UGP's investor relations page before relying on it.
What is UGP's dividend yield?
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About 5.16% as of August 2026. On a $10,000 position that is roughly $516 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so UGP yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does UGP pay its dividend?
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Ultrapar Participacoes pays twice a year. The most recent payment on record had an ex-dividend date of March 10, 2025. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on UGP's investor relations page, because boards can change both the amount and the timing.
When is UGP's ex-dividend date?
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The ex-dividend date recorded in our August 2026 data pull is December 12, 2025. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check UGP's investor relations page for the next confirmed date.
Has Ultrapar Participacoes raised its dividend recently?
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Not in the last year. The latest payment of $0.0780 per share is below the $0.0800 paid a year earlier. A flat dividend is not necessarily a warning sign, but it does mean the income is losing ground to inflation.
Is UGP's dividend safe?
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Ultrapar Participacoes paid out about 46% of its earnings as dividends, so the payout is comfortably covered. That is the range most established dividend payers sit in: enough profit is retained to keep funding the business, with room to raise the dividend if earnings grow. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in UGP?
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At a yield of about 5.16%, roughly $516 a year before tax, spread across 2 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are UGP dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest UGP dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each UGP payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does UGP pay a dividend?
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Ultrapar pays dividends out of Brazilian profits, currently around ~$0.21 per ADR annualized for a yield near ~3.4%, distributed on a Brazilian schedule rather than a smooth US quarterly one, so individual payments vary in size. Brazilian tax treatment of dividends paid to non-residents has been under legislative revision, which can change the net amount that lands in a US account.
Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with UGP's investor relations page or your broker before acting on them.