Air Products & Chemicals Raises Quarterly Dividend 12%
January 28 2021 - 11:09AM
Dow Jones News
By Colin Kellaher
Air Products & Chemicals Inc. on Thursday said its board
raised the quarterly dividend by 12% to $1.50 a share from
$1.34.
The new payout, equal to $6 a year, represents an annual yield
of about 2.22% based on Wednesday's closing price of $269.98, up
from 1.99%.
The Allentown, Pa., industrial gases company said the increased
dividend is payable May 10 to shareholders of record April 1,
adding that this marks the 39th consecutive year that it has raised
the payout.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 28, 2021 10:54 ET (15:54 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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