L’Air Liquide S.A. (OTCMKTS:AIQUY) Plans Dividend Increase – $0.68 Per Share

L’Air Liquide S.A. (OTCMKTS:AIQUY) declared a dividend on Wednesday, April 17th, NASDAQ reports. Investors of record on Friday, May 17th will be paid a dividend of 0.681 per share by the basic materials company on Friday, June 14th. The ex-dividend date is Thursday, May 16th. This is a boost from L’Air Liquide’s previous dividend of $0.48.

L’Air Liquide Stock Performance

Shares of L’Air Liquide stock opened at $39.62 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.87 and a quick ratio of 0.64. The company’s fifty day moving average price is $40.50 and its two-hundred day moving average price is $37.89. L’Air Liquide has a 52-week low of $32.18 and a 52-week high of $42.81.

Institutional Investors Weigh In On L’Air Liquide

Several institutional investors and hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. increased its holdings in L’Air Liquide by 4.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 12,239 shares of the basic materials company’s stock valued at $433,000 after buying an additional 546 shares during the period. SVB Wealth LLC increased its holdings in L’Air Liquide by 2.5% in the 2nd quarter. SVB Wealth LLC now owns 27,443 shares of the basic materials company’s stock valued at $735,000 after buying an additional 663 shares during the period. Rhumbline Advisers increased its holdings in L’Air Liquide by 1.9% in the 3rd quarter. Rhumbline Advisers now owns 39,833 shares of the basic materials company’s stock valued at $1,341,000 after buying an additional 750 shares during the period. Boston Common Asset Management LLC grew its holdings in shares of L’Air Liquide by 3.3% in the 1st quarter. Boston Common Asset Management LLC now owns 78,694 shares of the basic materials company’s stock worth $2,637,000 after purchasing an additional 2,513 shares during the last quarter. Finally, Hancock Whitney Corp grew its holdings in shares of L’Air Liquide by 21.8% in the 1st quarter. Hancock Whitney Corp now owns 17,995 shares of the basic materials company’s stock worth $602,000 after purchasing an additional 3,223 shares during the last quarter. Institutional investors own 0.01% of the company’s stock.

About L’Air Liquide

L'Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.