Air Products and Chemicals, Inc. (APD) Declares Quarterly Dividend

On May 22, Air Products and Chemicals, Inc. (NYSE:APD) declared a quarterly dividend of $1.79 per share, which was in line with its previous dividend.

Air Products and Chemicals, Inc. (NYSE:APD) is an American multinational company that is known for its industrial gases, performance materials, and associated equipment and services. The company has maintained a steady track record of dividend payments since 1954. Notably, it has raised its dividend every year for the past 43 years.

This consistent dividend growth is largely supported by the company’s strong cash flow. In the first half of 2025, Air Products and Chemicals, Inc. (NYSE:APD) reported $1.1 billion in operating cash flow, reflecting its solid financial position and ability to deliver reliable shareholder returns.

As of May 22, Air Products and Chemicals, Inc. (NYSE:APD) has a dividend yield of 2.66%, and the stock will trade ex-dividend on July 1.

APD has surged by nearly 2% in the past month.

While we acknowledge the potential of APD as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than APD but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the dirt cheap dividend stock.

READ MORE: 10 Unstoppable Dividend Stocks to Buy Now and 12 Best Industrial Dividend Stocks to Invest in Now

Disclosure. None.