At the end of February 12, 2024, Air Products & Chemicals APD will reward its shareholders with a dividend payout of $1.77 per share, demonstrating an annualized dividend yield of 2.75%. Remember, only investors who held the stock before the ex-dividend date on March 28, 2024 will receive this payout.
Air Products & Chemicals Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-03-28 | 4 | $1.77 | 2.75% | 2024-01-25 | 2024-04-01 | 2024-05-13 |
| 2023-12-29 | 4 | $1.75 | 2.61% | 2023-11-15 | 2024-01-02 | 2024-02-12 |
| 2023-09-29 | 4 | $1.75 | 2.32% | 2023-07-21 | 2023-10-02 | 2023-11-13 |
| 2023-06-30 | 4 | $1.75 | 2.53% | 2023-05-18 | 2023-07-03 | 2023-08-14 |
| 2023-03-31 | 4 | $1.75 | 2.24% | 2023-01-26 | 2023-04-03 | 2023-05-08 |
| 2022-12-30 | 4 | $1.62 | 2.19% | 2022-11-22 | 2023-01-03 | 2023-02-13 |
| 2022-09-30 | 4 | $1.62 | 2.92% | 2022-07-15 | 2022-10-03 | 2022-11-14 |
| 2022-06-30 | 4 | $1.62 | 2.76% | 2022-05-19 | 2022-07-01 | 2022-08-08 |
| 2022-03-31 | 4 | $1.62 | 2.28% | 2022-02-03 | 2022-04-01 | 2022-05-09 |
| 2021-12-31 | 4 | $1.5 | 2.0% | 2021-11-18 | 2022-01-03 | 2022-02-14 |
| 2021-09-30 | 4 | $1.5 | 2.08% | 2021-07-15 | 2021-10-01 | 2021-11-08 |
| 2021-06-30 | 4 | $1.5 | 2.01% | 2021-05-20 | 2021-07-01 | 2021-08-09 |
When comparing Air Products & Chemicals's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Sociedad Quimica Y Minera SQM having the highest annualized dividend yield at 12.48%.
Analyzing Air Products & Chemicals Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $5.36 in 2020 to $7.00 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Air Products & Chemicals
The earnings chart illustrates an increase in Air Products & Chemicals's earnings per share, from $8.38 in 2020 to $11.51 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article provides an in-depth analysis of Air Products & Chemicals's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $1.77 per share, resulting in an annualized dividend yield of 2.75%.
When comparing Air Products & Chemicals's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Sociedad Quimica Y Minera having the highest annualized dividend yield at 12.48%.
The upward trend in dividend per share and earnings per share for Air Products & Chemicals from 2020 to 2023 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
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