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Air Products Increases Quarterly Dividend to $1.79 Per Share
APDAir Products and Chemicals(APD) Prnewswire·2025-01-22 19:30

Dividend Increase - The Board of Directors of Air Products has increased the quarterly dividend on the Company's common stock to 1.79pershare,markingthe43rdconsecutiveyearofdividendincreases[1]−ThedividendispayableonMay12,2025toshareholdersofrecordatthecloseofbusinessonApril1,2025[1]CompanyOverview−AirProductsisaworld−leadingindustrialgasescompanyinoperationforover80years,focusedonservingenergy,environmental,andemergingmarkets[2]−TheCompanysuppliesessentialindustrialgases,relatedequipment,andapplicationsexpertisetocustomersindozensofindustries,includingrefining,chemicals,metals,electronics,manufacturing,medical,andfood[2]−Astheleadingglobalsupplierofhydrogen,AirProductsdevelops,engineers,builds,owns,andoperatessomeoftheworld′slargestcleanhydrogenprojects,supportingthetransitiontolow−andzero−carbonenergyintheindustrialandheavy−dutytransportationsectors[2]−Throughitssaleofequipmentbusinesses,theCompanyalsoprovidesturbomachinery,membranesystems,andcryogeniccontainersglobally[2]FinancialandOperationalHighlights−AirProductshadfiscal2024salesof1.79 per share, marking the 43rd consecutive year of dividend increases [1] - The dividend is payable on May 12, 2025 to shareholders of record at the close of business on April 1, 2025 [1] Company Overview - Air Products is a world-leading industrial gases company in operation for over 80 years, focused on serving energy, environmental, and emerging markets [2] - The Company supplies essential industrial gases, related equipment, and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical, and food [2] - As the leading global supplier of hydrogen, Air Products develops, engineers, builds, owns, and operates some of the world's largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors [2] - Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems, and cryogenic containers globally [2] Financial and Operational Highlights - Air Products had fiscal 2024 sales of 12.1 billion from operations in approximately 50 countries [3] - The Company has a current market capitalization of about $65 billion [3] - Approximately 23,000 employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability, and address global challenges [3]