Air Products and Chemicals, Inc. (NYSE:APD) Declares Quarterly Dividend of $1.81

Air Products and Chemicals, Inc. (NYSE:APD) announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Thursday, October 1st will be given a dividend of 1.81 per share by the basic materials company on Monday, November 9th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 1st.

Air Products and Chemicals has increased its dividend payment by an average of 0.1%per year 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. Analysts expect Air Products and Chemicals to earn $14.20 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 51.0%.

Air Products and Chemicals Stock Performance

Shares of NYSE APD opened at $297.14 on Thursday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. The stock has a market cap of $66.17 billion, a PE ratio of 31.44, a price-to-earnings-growth ratio of 2.69 and a beta of 0.73. Air Products and Chemicals has a 1 year low of $229.11 and a 1 year high of $314.87. The firm has a fifty day moving average price of $289.31 and a 200-day moving average price of $285.05.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.06 by $0.14. The business had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The company’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period last year, the company earned $2.69 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. Equities analysts anticipate that Air Products and Chemicals will post 13.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

APD has been the subject of several research reports. BMO Capital Markets raised shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective for the company in a research note on Friday, May 1st. Citigroup upped their target price on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Bank of America boosted their price objective on Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. UBS Group raised their target price on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Morgan Stanley lifted their target price on Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $326.88.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.