Air Products and Chemicals, Inc. (APD) To Go Ex-Dividend on October 1st

Air Products and Chemicals, Inc. (NYSE:APD – Get Free Report) declared a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Thursday, October 1st will be paid 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 dividend yield of 2.5%. The ex-dividend date 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% indicating that its dividend is sufficiently covered by earnings. Equities research 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%.

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Air Products and Chemicals Stock Down 0.9%

APD stock opened at $294.41 on Friday. The company has a fifty day moving average price of $289.19 and a 200 day moving average price of $285.36. Air Products and Chemicals has a 12 month low of $229.11 and a 12 month high of $314.87. The company has a market cap of $65.56 billion, a price-to-earnings ratio of 31.15, a price-to-earnings-growth ratio of 2.70 and a beta of 0.73. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21.

Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. Air Products and Chemicals’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period last year, the firm posted $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 expect that Air Products and Chemicals will post 13.22 earnings per share for the current year.

Air Products and Chemicals Company Profile

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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.

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