Air Products and Chemicals, Inc. (NYSE:APD) Declares $1.79 Quarterly Dividend

Air Products and Chemicals, Inc. (NYSE:APD) declared a quarterly dividend on Wednesday, November 19th. Shareholders of record on Friday, January 2nd will be paid a dividend of 1.79 per share by the basic materials company on Monday, February 9th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, January 2nd.

Air Products and Chemicals has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 50 consecutive years. Air Products and Chemicals has a payout ratio of 54.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Air Products and Chemicals to earn $13.86 per share next year, which means the company should continue to be able to cover its $7.16 annual dividend with an expected future payout ratio of 51.7%.

Air Products and Chemicals Stock Up 0.5%

Shares of NYSE APD opened at $253.34 on Thursday. The firm’s fifty day moving average is $263.79 and its 200 day moving average is $277.45. Air Products and Chemicals has a 52 week low of $235.55 and a 52 week high of $341.14. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93. The company has a market cap of $56.38 billion, a price-to-earnings ratio of 36.45, a PEG ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The firm had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. On average, equities research analysts expect that Air Products and Chemicals will post 12.69 earnings per share for the current year.

Hedge Funds Weigh In On Air Products and Chemicals

Hedge funds have recently bought and sold shares of the company. Saudi Central Bank purchased a new stake in shares of Air Products and Chemicals during the first quarter valued at approximately $26,000. Cheviot Value Management LLC bought a new stake in shares of Air Products and Chemicals in the 1st quarter worth $27,000. Traub Capital Management LLC purchased a new position in shares of Air Products and Chemicals in the second quarter worth $28,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Air Products and Chemicals during the second quarter valued at $28,000. Finally, Abound Wealth Management increased its holdings in Air Products and Chemicals by 292.3% in the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after buying an additional 76 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.