Air Products (APD) declares dividend increase of 8% to $1.75 quarterly per share in 2023 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Air Products As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Air Products As of October 10, 2023	APD	$7.00	8.0%	8.0%	11.9%
Industrial Gases	2.4%	41	9.7%	Quarter	1980

Air Products hikes dividend by 8%

Thursday 26 January 2023

On January 26, 2023, Dividend Aristocrat Air Products and Chemicals, Inc. (APD) declared a new quarterly dividend rate of $0.75 per share, up 8% from the previous quarterly dividend. This matches the 2022 dividend hike of 8% by APD and also marks 41 consecutive years of dividend growth. The dividend yield is 2.2% at a stock price of $313. The next ex-dividend date for APD is March 31, 2023.

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.

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