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Air Products hikes dividend by 1.1%

Air Products hikes dividend by 1.1% to $1.81 quarterly per share in 2026.

Air Products hikes dividend by 1.1%

Air Products hikes dividend by 8%

On January 26, 2023, Dividend Aristocrat Air Products and Chemicals, Inc. (APD) declared a new quarterly dividend rate of $0.75 per share, up 8% from the previous quarterly dividend. This matches the 2022 dividend hike of 8% by APD and also marks 41 consecutive years of dividend growth. The dividend yield is 2.2% at a stock price of $313. Air Products and Chemicals, Inc. is a manufacturer of atmospheric gases, process and specialty gases, equipment, and services. The company is a supplier of hydrogen, helium and liquefied natural gas process technology and equipment. The company also develops, engineers, builds, owns and operates industrial gas projects, including gasification projects. Air Products provides industrial gases and related equipment to many industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is a Delaware corporation originally founded in 1940.

Air Products hikes dividend by 8%

Dividend Aristocrat Air Products and Chemicals, Inc. (APD) will raise its quarterly dividend by 8 percent to $1.62 per share in 2022. This follows a dividend hike of 11.9 percent to $1.50 per share in 2021 and marks the industrial gas company’s 40th consecutive year of dividend increases. The next APD dividend is payable on May 9, 2022 to shareholders of record at the close of business on April 1, 2022. A new annualized dividend rate of $6.48 per share yields 2.3% to APD shareholders at a stock price of $280. Air Products Chairman, President and Chief Executive Officer Seifi Ghasemi  said, "With our strong cash flow position and focus on creating shareholder value, we continue to increase the dividend while also executing on our many growth opportunities through projects that support decarbonization and which are driving the energy transition. This latest dividend increase marks our 40th consecutive year of dividend payment increases and is expected to see us returning over $1.4 b...

Air Products hikes dividend by 11.9%

Dividend Aristocrat Air Products and Chemicals, Inc. (APD) will raise its quarterly dividend by 11.9 percent to $1.50 per share in 2021. This follows a dividend hike of 15.5 percent to $1.34 per share announced in the first quarter of 2020. This also marks the industrial gas company’s 49th consecutive year of dividend increases. The next dividend is payable on May 10, 2021 to shareholders of record at the close of business on April 1, 2021. A new annualized dividend rate of $6.00 per share yields 2.3% at a stock price of $268.95. Commenting on the results and dividend declaration in the company's press release today, Seifi Ghasemi, chairman, president and chief executive officer, said, "We continue to operate from a position of significant financial strength and are excited about our tremendous opportunities to invest in strategic industrial gas projects around the world. At the same time, we remain committed to creating shareholder value through increasing dividends, underpin...

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