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

Key Points

• Air Products and Chemicals declared a quarterly dividend of $1.81 per share, payable February 8 to shareholders of record January 4. The dividend equates to $7.24 annually and a 2.4% yield.
• The company has raised its dividend for 43 consecutive years, with a current payout ratio of 55.4%; analysts expect the dividend to remain covered by projected earnings.
• In its latest quarter, Air Products reported EPS of $3.47, exceeding estimates of $3.34, while revenue rose 4.6% year over year to $3.16 billion, slightly below expectations.

Air Products and Chemicals, Inc. (NYSE:APD - Get Free Report) declared a quarterly dividend on Thursday, October 22nd. Stockholders of record on Monday, January 4th will be given a dividend of $1.81 per share by the basic materials company on Monday, February 8th. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, January 4th.

Air Products and Chemicals has increased its dividend by an average of 0.1% annually over the last three years and has increased 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. Research analysts expect Air Products and Chemicals to earn $14.40 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 50.3%.

Air Products and Chemicals Price Performance

Shares of NYSE:APD opened at $308.06 on Friday. The company has a 50 day moving average of $293.53 and a 200 day moving average of $293.61. The stock has a market cap of $68.60 billion, a P/E ratio of -1,399.06, a P/E/G ratio of 2.85 and a beta of 0.76. Air Products and Chemicals has a 12 month low of $229.11 and a 12 month high of $314.87. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01.

Air Products and Chemicals (NYSE:APD - Get Free Report) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business had revenue of $3.16 billion for the quarter, compared to analysts' expectations of $3.20 billion. During the same period in the prior year, the company posted $3.09 EPS. The business's revenue for the quarter was up 4.6% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. As a group, sell-side analysts forecast that Air Products and Chemicals will post 13.46 EPS for the current fiscal year.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.

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