Air Products & Chemicals's last quarterly dividend was on Sep 29, 2023 (ex-date) with a distribution of $1.75 per share. On an annualized basis, the company has a current payout of $6.87 per share. This brings the dividend yield to 2.46% based on its recent close price.
APD has a dividend yield of 2.46% which is higher than the Basic Materials sector average but lower than the industry average. In comparison with the Basic Materials sector average of 2.04%, Air Products & Chemicals's dividend yield is 21% higher. The historical 5-year average of APD's dividend yield is 2.2%, which is lower than the current one.
Air Products & Chemicals has been paying dividends since 1995. APD has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 8% for the last twelve months. But with the stock price up by 20% from a year ago, the dividend yield has decreased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 29, 2023 | Nov 13, 2023 | Jul 21, 2023 | $1.75 | normal |
| Jun 30, 2023 | Aug 14, 2023 | May 18, 2023 | $1.75 | normal |
| Mar 31, 2023 | May 8, 2023 | Jan 26, 2023 | $1.75 | normal |
| Dec 30, 2022 | Feb 13, 2023 | Nov 22, 2022 | $1.62 | normal |
| Sep 30, 2022 | Nov 14, 2022 | Jul 15, 2022 | $1.62 | normal |
| Jun 30, 2022 | Aug 8, 2022 | May 19, 2022 | $1.62 | normal |
| Mar 31, 2022 | May 9, 2022 | Feb 3, 2022 | $1.62 | normal |
| Dec 31, 2021 | Feb 14, 2022 | Nov 18, 2021 | $1.5 | normal |
| Sep 30, 2021 | Nov 8, 2021 | Jul 15, 2021 | $1.5 | normal |
| Jun 30, 2021 | Aug 9, 2021 | May 20, 2021 | $1.5 | normal |
| Mar 31, 2021 | May 10, 2021 | Jan 28, 2021 | $1.5 | normal |
| Dec 31, 2020 | Feb 8, 2021 | Nov 19, 2020 | $1.34 | normal |
| Sep 30, 2020 | Nov 9, 2020 | Jul 16, 2020 | $1.34 | normal |
| Jun 30, 2020 | Aug 10, 2020 | May 21, 2020 | $1.34 | normal |
| Mar 31, 2020 | May 11, 2020 | Jan 23, 2020 | $1.34 | normal |
| Dec 31, 2019 | Feb 10, 2020 | Nov 26, 2019 | $1.16 | normal |
| Sep 30, 2019 | Nov 11, 2019 | Jul 18, 2019 | $1.16 | normal |
| Jun 28, 2019 | Aug 12, 2019 | May 14, 2019 | $1.16 | normal |
| Mar 29, 2019 | May 13, 2019 | Jan 24, 2019 | $1.16 | normal |
| Dec 31, 2018 | Feb 11, 2019 | Nov 20, 2018 | $1.1 | normal |
| Sep 28, 2018 | Nov 12, 2018 | Jul 19, 2018 | $1.1 | normal |
| Jun 29, 2018 | Aug 13, 2018 | May 16, 2018 | $1.1 | normal |
| Mar 29, 2018 | May 14, 2018 | Jan 25, 2018 | $1.1 | normal |
| Dec 29, 2017 | Feb 12, 2018 | Nov 14, 2017 | $0.95 | normal |
| Oct 6, 2017 | Nov 13, 2017 | Jul 20, 2017 | $0.95 | normal |
| Jun 29, 2017 | Aug 14, 2017 | May 18, 2017 | $0.95 | normal |
| Mar 30, 2017 | May 8, 2017 | Jan 27, 2017 | $0.95 | normal |
| Dec 29, 2016 | Feb 13, 2017 | Nov 16, 2016 | $0.86 | normal |
| Oct 6, 2016 | Nov 14, 2016 | Jul 21, 2016 | $0.86 | normal |
| Jun 29, 2016 | Aug 8, 2016 | May 19, 2016 | $0.86 | normal |
| Mar 30, 2016 | May 9, 2016 | Mar 17, 2016 | $0.86 | normal |
| Dec 30, 2015 | Feb 8, 2016 | Nov 19, 2015 | $0.81 | normal |
| Sep 29, 2015 | Nov 9, 2015 | Sep 16, 2015 | $0.81 | normal |
APD has a payout ratio of 69.7% which is higher than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 28%, Air Products & Chemicals's payout ratio is 149% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DOW Dow Inc | 5.47% | $2.8 | 114.3% |
| VLO Valero Energy Corp | 3.07% | $4.04 | 13.9% |
| APD Air Products & Chemicals Inc | 2.44% | $6.87 | 69.7% |
| DD DuPont de Nemours Inc | 1.91% | $1.41 | 14.8% |
Yes, Air Products & Chemicals has been paying dividends for the last 28 years.
At this point we don't have a record of APD's next dividend date, but based on the current dividend schedule we project that it will likely be in December 2023.
Air Products & Chemicals's last dividend ex-date was on Sep 29, 2023. The dividend amount was $1.75 per share.
APD's annualized dividend per share is $6.87.
Currently Air Products & Chemicals's dividend yield is 2.46%.
Air Products & Chemicals has a quarterly dividend frequency.
The dividend payout ratio of Air Products & Chemicals is 69.7%.
Air Products & Chemicals's dividend yield is higher than the Basic Materials sector average.