Air Products (APD) Raises Quarterly Dividend 6.2% to $0.86; 2.5% Yield

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Go back to Air Products (APD) Raises Quarterly Dividend 6.2% to $0.86; 2.5% Yield

Air Products Increases Quarterly Dividend for 34th Consecutive Year

March 17, 2016 2:00 PM EDT

LEHIGH VALLEY, Pa., March 17, 2016 /PRNewswire/ -- The Board of Directors of Air Products (NYSE: APD) today increased the quarterly dividend on the company's common stock to 86 cents per share from 81 cents, representing a six percent increase.

The dividend is payable on May 9, 2016 to shareholders of record at the close of business on April 1, 2016. This marks the 34th consecutive year that Air Products has increased its dividend payment.

"As Air Products has continued to drive substantial improvements in profitability, our priorities for the use of the significant cash we... More