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Air Products & Chemicals (Air Products & Chemicals) Dividend Yield %

: 2.98% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Air Products & Chemicals is 2.98%.

Good Sign:

Air Products & Chemicals Inc stock dividend yield is close to 10-year high.

The historical rank and industry rank for Air Products & Chemicals's Dividend Yield % or its related term are showing as below:

APD' s Dividend Yield % Range Over the Past 10 Years
Min: 1.66   Med: 2.4   Max: 3.32
Current: 2.98

During the past 13 years, the highest Dividend Yield of Air Products & Chemicals was 3.32%. The lowest was 1.66%. And the median was 2.40%.

APD's Dividend Yield % is ranked better than
66.51% of 1051 companies
in the Chemicals industry
Industry Median: 2.03 vs APD: 2.98

Air Products & Chemicals's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.62.

During the past 13 years, the highest Dividend Payout Ratio of Air Products & Chemicals was 7.16. The lowest was 0.52. And the median was 0.61.

As of today (2024-04-19), the Forward Dividend Yield % of Air Products & Chemicals is 2.98%.

Air Products & Chemicals's Dividends per Share for the three months ended in Dec. 2023 was $1.75.

During the past 12 months, Air Products & Chemicals's average Dividends Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Air Products & Chemicals was 17.70% per year. The lowest was 5.40% per year. And the median was 9.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Air Products & Chemicals Dividend Yield % Historical Data

The historical data trend for Air Products & Chemicals's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Air Products & Chemicals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.06 1.74 2.28 2.73 2.42

Air Products & Chemicals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.04 2.30 2.25 2.42 2.56

Competitive Comparison

For the Specialty Chemicals subindustry, Air Products & Chemicals's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Air Products & Chemicals Dividend Yield % Distribution

For the Chemicals industry and Basic Materials sector, Air Products & Chemicals's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Air Products & Chemicals's Dividend Yield % falls into.



Air Products & Chemicals Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Air Products & Chemicals Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.7702024-03-282024-04-012024-05-13Cash DividendquarterlyUSD:USD 1.000000
USD 1.7502023-12-292024-01-022024-02-12Cash DividendquarterlyUSD:USD 1.000000
USD 1.7502023-09-292023-10-022023-11-13Cash DividendquarterlyUSD:USD 1.000000
USD 1.7502023-06-302023-07-032023-08-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Air Products & Chemicals's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=7.02/235.25
=2.98 %

Current Share Price is $235.25.
Air Products & Chemicals's Dividends per Share for the trailing twelve months (TTM) ended in Today is $7.02.

Air Products & Chemicals's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=7.08/235.25
=3.01 %

Current Share Price is $235.25.
Air Products & Chemicals's Dividends per Share for the forward twelve months is calculated as $1.77 * 4 = $7.08.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Air Products & Chemicals  (NYSE:APD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Air Products & Chemicals Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Air Products & Chemicals's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Air Products & Chemicals (Air Products & Chemicals) Business Description

Address
1940 Air Products Boulevard, Allentown, PA, USA, 18106-5500
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.6 billion in revenue in fiscal 2023.
Executives
Jeffrey Kutz officer: VP, Controller & PAO 1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106-5500
Seifi Ghasemi director 100 OVERLOOK CENTER, PRINCETON NJ 08540
Sean D Major officer: Executive VP & General Counsel 100 E. WISCONSIN AVENUE, SUITE 2780, MILWAUKEE WI 53202
Tonit M Calaway director HARLEY-DAVIDSON MOTOR COMPANY, 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Wayne Thomas Smith director 1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Melissa N. Schaeffer officer: Senior Vice President and CFO 1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Edward L Monser director
Lisa Ann Davis director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Russell A Flugel officer: Chief Accounting Officer C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Charles I Cogut director 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Samir Serhan officer: Executive Vice President 7201 HAMILTON BLVD., ALLENTOWN PA 18195
Jennifer Grant officer: VP 7201 HAMILTON BLVD, ALLENTOWN PA 18195
John D. Stanley officer: SR VP and General Counsel 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Guillermo Novo officer: Senior V.P. AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Painter Corning F. officer: Senior V.P. 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501