Air Products and Chemicals, Inc. (APD) To Go Ex-Dividend on January 4th

Air Products and Chemicals, Inc. (NYSE:APD) declared a quarterly dividend on Thursday, October 22nd. Investors of record on Monday, January 4th will be paid a dividend of $1.81 per share by the basic materials company on Monday, February 8th. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Monday, January 4th.

Air Products and Chemicals has raised its dividend by an average of 0.1% per year over the last three years and has increased 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. 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 Stock Performance

NYSE APD opened at $307.28 on Friday. The company has a market cap of $68.43 billion, a P/E ratio of -1,396.72, a P/E/G ratio of 2.90 and a beta of 0.76. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The stock has a 50-day moving average of $293.49 and a two-hundred day moving average of $293.71. Air Products and Chemicals has a 1-year low of $229.11 and a 1-year high of $314.87.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 negative net margin of 0.38% and a positive return on equity of 16.87%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm 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 anticipate that Air Products and Chemicals will post 13.46 EPS 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.