Air Products increases quarterly dividend by 8% to $1.75 per share

The board of directors of Air Products has increased the quarterly dividend on the company’s common stock by 13c per share, from $1.62 to $1.75 per share, representing an eight percent increase. The dividend is payable on May 8 to shareholders of record at the close of business on April 3. Air Products Chairman, President and CEO Seifi Ghasemi said, "This latest increase in the dividend demonstrates our continued commitment to reward shareholders while executing against our two-pillar growth strategy. We are uniquely positioned to deliver essential industrial gases and expertise to customers in dozens of industries while developing and executing world-scale hydrogen megaprojects to drive the energy transition and move humanity forward. In 2023, we expect to pay out more than $1.5 billion to our shareholders, a further testament to the continued strength and stability of our business in a challenging macroeconomic environment."