The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Jul 06, 2026
Snapshot (as of Jul 06, 2026): Air Products and Chemicals, Inc. (APD) pays a $7.20 annual dividend ($1.81 quarterly), yielding 2.29% at $314.19/share. Next ex-dividend date 2026-07-01. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.29%
Annual Dividend: $7.20 per share
Payout Ratio: 75.6%
Ex-Dividend Date: 2026-07-01
Dividend Frequency: quarterly
Sector: Basic Materials
Years of Dividend History: 44
Air Products and Chemicals, Inc. pays a quarterly dividend and is one of the world's largest suppliers of industrial gases, including oxygen, hydrogen, and nitrogen, serving industries from refining to electronics. The Air Products and Chemicals, Inc. dividend currently yields 2.29%, with a trailing annual rate of $7.20 per share. APD pays quarterly, with the next ex-dividend date on July 1, 2026, and a last dividend amount of $1.81 per share. With a beta of 0.736, APD stock moves less than the broader market, which appeals to income investors who prioritize lower volatility over maximum yield.
Air Products and Chemicals, Inc. pays out 75.6% of earnings as dividends, a payout ratio classified as high (above 75%). The company supplies industrial gases like hydrogen and oxygen under long-term contracts to essential industries including refining, metals production, and food and beverage, which supports recurring demand for its products. Air Products and Chemicals, Inc. dividend safety faces pressure from that elevated payout ratio, which leaves limited room to absorb earnings declines without affecting the dividend.
Air Products and Chemicals, Inc. dividend history shows a CAGR of 9.0% per year from 2010 to 2025. The per-share annual dividend grew from $1.96 to $7.14 over that period (2026 is a partial year and excluded from the growth calculation). The smallest annual increase in the window was 2.0% in 2025, which shows growth has slowed considerably 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 | +8.2% | $3.24 (2015) | $7.14 (2025) |
APD stock fits dividend investors who want moderate income from a low-volatility industrial business. The current yield of 2.29% sits above the 5-year average of 2.03%, so income buyers are getting a slightly better entry point on yield than the historical norm. The trade-off is a payout ratio classified as moderate (2–4%) yield paired with a high (above 75%) payout ratio, which caps how aggressively APD can grow the dividend from here. What an investor gets is a globally diversified industrial gas business with a long dividend payment history. What they accept is limited headroom for payout expansion and a growth rate that has decelerated to low single digits.
| Payment Date | Amount per Share |
|---|---|
| 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 |
| 2024-03-28 | $1.7700 |
| Year | Total Dividends |
|---|---|
| 2026 | $5.4100 |
| 2025 | $7.1400 |
| 2024 | $5.3100 |
| 2023 | $7.0000 |
| 2022 | $6.4800 |
Project income from APD with the APD dividend calculator or track your full portfolio with the dividend tracker.