Air Products Declares Quarterly Dividend

Rhea-AI Summary

Air Products (NYSE:APD) has declared a quarterly dividend of $1.34 per share, payable on November 9, 2020. Shareholders of record as of October 1, 2020 will receive this dividend. The company reported fiscal 2019 sales of $8.9 billion with a market capitalization exceeding $60 billion. With nearly 80 years in operation, Air Products continues to be a leader in industrial gases, serving multiple sectors, including energy and electronics, and is recognized for its sustainable gasification projects.

Positive

• Declared quarterly dividend of $1.34 per share, enhancing shareholder income.
• Fiscal 2019 sales reached $8.9 billion, indicating solid revenue generation.
• Market capitalization exceeds $60 billion, reflecting strong market position.

Negative

• None.

LEHIGH VALLEY, Pa., July 16, 2020 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.34 per share of common stock. The dividend is payable on November 9, 2020 to shareholders of record at the close of business on October 1, 2020.

About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for nearly 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals.

The Company had fiscal 2019 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of over $60 billion. More than 17,000 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 address the challenges facing customers, communities, and the world. For more information, visit 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) for October 2020?

Air Products declared a dividend of $1.34 per share.

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

The dividend is payable on November 9, 2020.

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

The record date for the dividend is October 1, 2020.

How much were Air Products' (APD) sales in fiscal 2019?

Air Products reported sales of $8.9 billion in fiscal 2019.

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

Air Products has a market capitalization exceeding $60 billion.