Air Products Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Air Products (NYSE:APD) has declared a quarterly dividend of $1.50 per share, payable on August 9, 2021. Shareholders on record by close of business on July 1, 2021 will receive this dividend. Air Products operates globally, with fiscal 2020 sales of $8.9 billion and a market capitalization of $65 billion. The company focuses on industrial gases across various sectors, including energy and environment, and aims to enhance sustainability through innovative solutions.

Positive

• Quarterly dividend of $1.50 per share enhances shareholder income.
• Market capitalization of $65 billion signifies strong investor confidence.
• Fiscal 2020 sales of $8.9 billion reflect robust operational performance.

Negative

• None.

LEHIGH VALLEY, Pa., May 20, 2021 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.50 per share of common stock. The dividend is payable on August 9, 2021 to shareholders of record at the close of business on July 1, 2021. 

About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for 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; carbon capture projects; and world-scale carbon-free hydrogen projects supporting global transportation and the energy transition.

The Company had fiscal 2020 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of about $65 billion. More than 19,000 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 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 on May 20, 2021?

Air Products declared a quarterly dividend of $1.50 per share on May 20, 2021.

When is the dividend payable to shareholders?

The dividend is payable on August 9, 2021.

What is the record date for the dividend payment?

The record date for the dividend is July 1, 2021.

How much were Air Products' sales in fiscal 2020?

Air Products had fiscal 2020 sales of $8.9 billion.

What is the market capitalization of Air Products?

The current market capitalization of Air Products is approximately $65 billion.