Air Products & Chemicals (APD) will raise its quarterly dividend by 5.2 percent from $0.77 to $0.81 per share. It's the 33rd consecutive year of dividend increases for Dividend Aristocrat Air Products.

Air Products and Chemicals, Inc. is a manufacturer of atmospheric gases, process and specialty gases, equipment, and services. The company is a supplier of hydrogen, helium and liquefied natural gas process technology and equipment. The company also develops, engineers, builds, owns and operates industrial gas projects, including gasification projects. Air Products provides industrial gases and related equipment to many industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is a Delaware corporation originally founded in 1940.