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Data last updated: Oct 16, 2026
Snapshot (as of Oct 16, 2026): Air Products and Chemicals, Inc. (APD) pays a $7.20 annual dividend ($1.81 quarterly), yielding 2.44% at $296.56/share. Next ex-dividend date 2026-10-01. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.44%
Annual Dividend: $7.20 per share
Payout Ratio: 75.7%
Ex-Dividend Date: 2026-10-01
Dividend Frequency: quarterly
Sector: Basic Materials
Years of Dividend History: 44
Air Products and Chemicals, Inc. dividend has been paid quarterly for decades, backed by a business that supplies industrial gases like oxygen, hydrogen, and nitrogen to refineries, electronics manufacturers, and food and beverage producers worldwide. The current yield stands at 2.47%, with a trailing annual dividend rate of $7.20 per share. APD pays dividends quarterly, with the next ex-dividend date set for October 1, 2026, and the last dividend amount of $1.81 per share. With a beta of 0.754, APD stock carries below-market volatility, which suits income investors who prioritize steadier price behavior alongside their dividend.
Air Products and Chemicals, Inc. pays out a negative percentage of earnings as dividends, a payout ratio classified as conservative (below 40%) on a cash-flow-supported basis. The company's products, including atmospheric gases and hydrogen systems, serve industries with recurring operational demand, which supports the current payout level. Air Products and Chemicals, Inc. dividend safety faces its most visible data-side question from the payout ratio figure itself: at -3379.3%, the trailing earnings-based calculation reflects an unusual earnings period, meaning income investors should watch for earnings normalization rather than treat the ratio as a straightforward green light.
Air Products and Chemicals, Inc. dividend history shows a CAGR of 9.0% per year from 2010 to 2025. Per-share payments grew from $1.96 to $7.14 over that span (with 2026 partial year data not included in the CAGR calculation). The smallest annual increase in the window was 2.0% in 2025, a notable step down from the 18.4% peak increase recorded in 2011.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +3.3% | $6.48 (2022) | $7.14 (2025) |
| 5-Year | +5.9% | $5.36 (2020) | $7.14 (2025) |
| 10-Year | +9.1% | $3.00 (2015) | $7.14 (2025) |
APD stock fits dividend investors who want a moderate yield paired with a long history of per-share payment growth. The current yield of 2.47% sits above the 5-year average of 2.19%, meaning today's entry point offers slightly more income than the historical norm. The yield classification is moderate (2–4%), which means this is not a high-income play. What an investor gets is a globally diversified industrial gas business with a 9.0% dividend CAGR over 15 years. The trade-off is that the most recent annual increase was just 2.0%, so growth is slowing, and the payout ratio anomaly warrants monitoring.
| Payment Date | Amount per Share |
|---|---|
| 2026-10-01 | $1.8100 |
| 2026-07-01 | $1.8100 |
| 2026-04-01 | $1.8100 |
| 2026-01-02 | $1.7900 |
| 2025-10-01 | $1.7900 |
| 2025-07-01 | $1.7900 |
| 2025-04-01 | $1.7900 |
| 2025-01-02 | $1.7700 |
| 2024-10-01 | $1.7700 |
| 2024-07-01 | $1.7700 |
| Year | Total Dividends |
|---|---|
| 2026 | $7.2200 |
| 2025 | $7.1400 |
| 2024 | $5.3100 |
| 2023 | $7.0000 |
| 2022 | $6.4800 |
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