Praxair Declares Dividend in Third Quarter 2015; Authorizes New Share Repurchase Program

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Praxair (PX) Declares $0.715 Quarterly Dividend; Approves $1.5B Common Stock Repurchase Program

July 29, 2015 6:54 AM EDT

Praxair (NYSE: PX) declared a quarterly dividend of $0.715 per share, or $2.86 annualized.

The dividend will be payable on September 15, 2015, to stockholders of record on September 8, 2015, with an ex-dividend date of September 3, 2015.

The annual yield on the dividend is 2.5 percent.

The... More

Praxair (PX) Misses Q2 EPS by 1c; FY15 EPS Outlook Trimmed

July 29, 2015 6:10 AM EDT

Praxair (NYSE: PX) reported Q2 EPS of $1.45, $0.01 worse than the analyst estimate of $1.46. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.85 billion.

Praxair sees FY2015 EPS of $5.80-$5.95, versus prior guidance of $5.90-$6.15 and the consensus of $5.99.

For... More