Air Products and Chemicals, Inc. (NYSE:APD – Get Free Report) announced a quarterly dividend on Thursday, October 22nd. Investors 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 annualized dividend and a yield of 2.4%. The ex-dividend date is Monday, January 4th.
Air Products and Chemicals has raised its dividend payment by an average of 0.1% annually 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 $14.40 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 traded down $2.51 during trading on Friday, reaching $305.71. 82,506 shares of the company’s stock traded hands, compared to its average volume of 1,260,890. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. Air Products and Chemicals has a fifty-two week low of $229.11 and a fifty-two week high of $314.87. The company has a 50-day simple moving average of $293.53 and a 200-day simple moving average of $293.61. The firm has a market cap of $68.08 billion, a PE ratio of -1,391.00, a P/E/G ratio of 2.85 and a beta of 0.76.
Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating the consensus estimate of $3.34 by $0.13. The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. Air Products and Chemicals’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company earned $3.09 earnings per share. 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, analysts predict that Air Products and Chemicals will post 13.46 earnings per share for the current year.
About Air Products and Chemicals
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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