Air Products Increases Quarterly Dividend to $1.79 Per Share

Air Products (NYSE:APD) has announced a quarterly dividend increase to $1.79 per share on its common stock.

Rhea-AI Summary

Air Products (NYSE:APD) has announced a quarterly dividend increase to $1.79 per share on its common stock. This marks the company's 43rd consecutive year of dividend increases, demonstrating a long-standing commitment to shareholder returns. The dividend will be payable on May 12, 2025 to shareholders of record as of April 1, 2025.

Positive

• 43-year track record of consecutive dividend increases shows strong financial stability
• Quarterly dividend increased to $1.79 per share, providing steady income to shareholders

Negative

• None.

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Marks 43^rd Consecutive Year of Quarterly Dividend Increases on Company's Common Stock

LEHIGH VALLEY, Pa., Jan. 22, 2025 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) has increased the quarterly dividend on the Company's common stock to $1.79 per share, marking the 43^rd consecutive year of dividend increases.

The dividend is payable on May 12, 2025 to shareholders of record at the close of business on April 1, 2025.

About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2024 sales of $12.1 billion from operations in approximately 50 countries and has a current market capitalization of about $65 billion. Approximately 23,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine what's possible to address the challenges facing customers, communities, and the world. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.

View original content:https://www.prnewswire.com/news-releases/air-products-increases-quarterly-dividend-to-1-79-per-share-302357794.html

SOURCE Air Products

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Air Products' (APD) new quarterly dividend amount for 2025?

Air Products' new quarterly dividend amount is $1.79 per share, payable on May 12, 2025.

How many consecutive years has Air Products (APD) increased its dividend?

Air Products has increased its dividend for 43 consecutive years, demonstrating a long-standing commitment to growing shareholder returns.

When is the record date for Air Products' (APD) latest dividend?

The record date for Air Products' latest dividend is April 1, 2025.

When will Air Products (APD) pay its next quarterly dividend?

Air Products will pay its next quarterly dividend on May 12, 2025.