Air Products and Chemicals, Inc. (NYSE:APD) Announces $1.81 Quarterly Dividend

Air Products and Chemicals, Inc. (NYSE:APD) declared a quarterly dividend on Wednesday, July 22nd. Investors of record on Thursday, October 1st will be given a dividend of 1.81 per share by the basic materials company on Monday, November 9th. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 1st.

Air Products and Chemicals has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 43 years. Air Products and Chemicals has a dividend payout ratio of 55.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Air Products and Chemicals to earn $14.20 per share next year, which means the company should continue to be able to cover its $7.24 annual dividend with an expected future payout ratio of 51.0%.

Air Products and Chemicals Stock Up 0.3%

APD stock opened at $297.14 on Thursday. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $314.87. The business has a 50-day simple moving average of $289.31 and a 200 day simple moving average of $285.05. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. The company has a market cap of $66.17 billion, a PE ratio of 31.44, a price-to-earnings-growth ratio of 2.69 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating the consensus estimate of $3.06 by $0.14. The firm had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the firm earned $2.69 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. Sell-side analysts anticipate that Air Products and Chemicals will post 13.22 EPS for the current fiscal year.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.