Thursday, February 3rd the Board of Directors of Air
Products and Chemicals, Inc. (APD) announced
a quarterly dividend increase of from $ 1.50 to $ 1.62 per share that’s payable
May 9, 2022 to holders of record April 1, 2022. This represents an 8.0%
increase over the last quarterly dividend.
Air Products Chairman, President and Chief Executive
Officer Seifi Ghasemi said, “With our strong cash flow position and focus on
creating shareholder value, we continue to increase the dividend while also
executing on our many growth opportunities through projects that support
decarbonization and which are driving the energy transition. This latest
dividend increase marks our 40th consecutive year of dividend payment increases
and is expected to see us returning over $1.4 billion to our shareholders in 2022.”