Air Products Declares Quarterly Dividend

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Air Products (NYSE:APD) Declares $1.75 Quarterly Dividend

Positive

• Air Products demonstrates financial stability by declaring a quarterly dividend, indicating confidence in future cash flows and shareholder value.
• The dividend amount of $1.75 per share reflects the company's commitment to rewarding shareholders and potentially attracting new investors.

Negative

• None.

LEHIGH VALLEY, Pa., Nov. 15, 2023 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.75 per share of common stock. The dividend is payable on February 12, 2024 to shareholders of record at the close of business on January 2, 2024.  

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 clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems and cryogenic containers globally.

The Company had fiscal 2023 sales of $12.6 billion from operations in approximately 50 countries and has a current market capitalization of about $60 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 www.airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.

View original content:https://www.prnewswire.com/news-releases/air-products-declares-quarterly-dividend-301989604.html

SOURCE Air Products

FAQ

What is the latest announcement from Air Products?

Air Products has declared a quarterly dividend of $1.75 per share of common stock, payable on February 12, 2024.

When will the dividend be payable?

The dividend will be payable on February 12, 2024, to shareholders of record at the close of business on January 2, 2024.

What is the dividend amount?

The dividend amount is $1.75 per share of common stock.

Why is the dividend declaration significant?

The declaration indicates Air Products' financial stability and commitment to rewarding shareholders, potentially attracting new investors.