Air Products & Chemicals is a leading global industrial gases company that specializes in the production and supply of atmospheric and process gases, including oxygen, nitrogen, hydrogen, and argon
The company serves a wide range of industries, such as energy, healthcare, manufacturing, and food processing, by providing essential gases for applications like steelmaking, oil refining, and medical treatments. In addition to gases, Air Products offers equipment and technologies for gas production and delivery, contributing to the safe and efficient use of gases in various processes. The company is also focused on advancing sustainable energy solutions, including hydrogen production and carbon capture technologies, to support the transition to a cleaner energy future.
On Jan. 23, 2025, Air Products and Chemicals, Inc. increased its quarterly dividend by 1.13%, from $1.77 to $1.79 per share. The dividend is payable on May 12 to shareholders of record on April 1.
According to Wells Fargo, the leadership shake-up could steer the company toward a more traditional industrial gas growth model while reducing risks associated with large-scale projects.
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Air Products & Chemicals reported Q4 2024 results with adjusted EPS of $3.56, up 8% YoY, and sales of $3.187B. Q1 guidance below consensus, 2025 outlook strong.
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