Air Products Declares Quarterly Dividend

Rhea-AI Summary

Air Products (NYSE: APD) has declared a quarterly dividend of $1.62 per share, payable on February 13, 2023, to shareholders of record as of January 3, 2023. The company reported fiscal 2022 sales of $12.7 billion and boasts a market capitalization exceeding $60 billion.

With over 21,000 employees, Air Products focuses on sustainability-driven growth by providing essential industrial gases and developing large-scale clean hydrogen projects.

Positive

• Quarterly dividend of $1.62 per share enhances shareholder income.
• Fiscal 2022 sales of $12.7 billion indicate strong operational performance.
• Market capitalization exceeding $60 billion reflects investor confidence.

Negative

• None.

LEHIGH VALLEY, Pa., Nov. 22, 2022 /PRNewswire/ -- The Board of Directors of Air Products (NYSE: APD) today declared a quarterly dividend of $1.62 per share of common stock. The dividend is payable on February 13, 2023 to shareholders of record at the close of business on January 3, 2023.

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. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest industrial gas and carbon-capture projects, supplying world-scale clean hydrogen for global transportation, industrial markets, and the broader energy transition. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and globally provides turbomachinery, membrane systems and cryogenic containers.

The Company had fiscal 2022 sales of $12.7 billion from operations in over 50 countries and has a current market capitalization of over $60 billion. More than 21,000 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 www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.

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SOURCE Air Products

FAQ

What is the dividend amount declared by Air Products (APD)?

Air Products has declared a quarterly dividend of $1.62 per share.

When will the dividend for Air Products (APD) be paid?

The dividend will be payable on February 13, 2023.

What is the record date for the dividend payment for Air Products (APD)?

The record date is January 3, 2023.

How much were Air Products' total sales in fiscal 2022?

Air Products reported total sales of $12.7 billion in fiscal 2022.

What is the current market capitalization of Air Products (APD)?

The current market capitalization of Air Products exceeds $60 billion.