Air Products Increases Quarterly Dividend to $1.79 Per Share
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.
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
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SOURCE Air Products