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

Air Products and Chemicals, Inc. (NYSE:APD – Get Free Report) declared a quarterly dividend on Thursday, April 23rd. Investors of record on Wednesday, July 1st will be paid a dividend of 1.81 per share by the basic materials company on Monday, August 10th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Wednesday, July 1st.

Air Products and Chemicals has raised its dividend payment 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 55.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Air Products and Chemicals to earn $14.21 per share next year, which means the company should continue to be able to cover its $7.20 annual dividend with an expected future payout ratio of 50.7%.

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Air Products and Chemicals Price Performance

NYSE:APD opened at $277.95 on Monday. The business’s 50-day moving average is $289.66 and its 200 day moving average is $278.05. Air Products and Chemicals has a 12 month low of $229.11 and a 12 month high of $307.96. The company has a market capitalization of $61.89 billion, a P/E ratio of 29.41, a P/E/G ratio of 2.43 and a beta of 0.74. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95.

Air Products and Chemicals (NYSE:APD – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating the consensus estimate of $3.06 by $0.14. The business had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter last year, the business 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. On average, equities research analysts forecast that Air Products and Chemicals will post 13.23 earnings per share for the current fiscal year.

About Air Products and Chemicals

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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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