Air Products and Chemicals (APD) Dividend History & Yield
Air Products and Chemicals (APD) has increased its dividend for 2 consecutive years and currently yields 2.45%. The most recent payment was $1.8100/share on Apr 1, 2026, paid Quarterly.
Current Yield
2.45%
TTM Dividend/Share
$7.18
Payment Frequency
Quarterly
Payout Ratio
-401.5%
Consecutive Growth Years
2
Div Growth (1Y CAGR)
34.46%
Div Growth (5Y CAGR)
5.90%
Div Growth (10Y CAGR)
9.07%
Dividend Safety Score
3 out of 5 checks passed
Payout ratio below 75%
Payout ratio is -401.5%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($-16.90) does not fully cover dividend/share ($7.18).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 2 consecutive year(s) of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Apr 1, 2026
- Payment date
- May 11, 2026
- Dividend
- $1.8100
- Adj. dividend
- $1.8100
- Yield (ex-date)
- 2.48%
Ex-date Jan 2, 2026
- Payment date
- Feb 9, 2026
- Dividend
- $1.7900
- Adj. dividend
- $1.7900
- Yield (ex-date)
- 2.86%
Ex-date Oct 1, 2025
- Payment date
- Nov 10, 2025
- Dividend
- $1.7900
- Adj. dividend
- $1.7900
- Yield (ex-date)
- 2.66%
Ex-date Jul 1, 2025
- Payment date
- Aug 11, 2025
- Dividend
- $1.7900
- Adj. dividend
- $1.7900
- Yield (ex-date)
- 2.49%
Ex-date Apr 1, 2025
- Payment date
- May 12, 2025
- Dividend
- $1.7900
- Adj. dividend
- $1.7900
- Yield (ex-date)
- 2.42%
Ex-date Jan 2, 2025
- Payment date
- Feb 10, 2025
- Dividend
- $1.7700
- Adj. dividend
- $1.7700
- Yield (ex-date)
- 2.50%
Ex-date Oct 1, 2024
- Payment date
- Nov 12, 2024
- Dividend
- $1.7700
- Adj. dividend
- $1.7700
- Yield (ex-date)
- 2.42%
Ex-date Jul 1, 2024
- Payment date
- Aug 12, 2024
- Dividend
- $1.7700
- Adj. dividend
- $1.7700
- Yield (ex-date)
- 2.85%
Ex-date Mar 28, 2024
- Payment date
- May 13, 2024
- Dividend
- $1.7700
- Adj. dividend
- $1.7700
- Yield (ex-date)
- 2.90%
Ex-date Dec 29, 2023
- Payment date
- Feb 12, 2024
- Dividend
- $1.7500
- Adj. dividend
- $1.7500
- Yield (ex-date)
- 2.56%
Ex-date Sep 29, 2023
- Payment date
- Nov 13, 2023
- Dividend
- $1.7500
- Adj. dividend
- $1.7500
- Yield (ex-date)
- 2.42%
Ex-date Jun 30, 2023
- Payment date
- Aug 14, 2023
- Dividend
- $1.7500
- Adj. dividend
- $1.7500
- Yield (ex-date)
- 2.25%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Apr 1, 2026 | May 11, 2026 | $1.8100 | $1.8100 | 2.48% |
| Jan 2, 2026 | Feb 9, 2026 | $1.7900 | $1.7900 | 2.86% |
| Oct 1, 2025 | Nov 10, 2025 | $1.7900 | $1.7900 | 2.66% |
| Jul 1, 2025 | Aug 11, 2025 | $1.7900 | $1.7900 | 2.49% |
| Apr 1, 2025 | May 12, 2025 | $1.7900 | $1.7900 | 2.42% |
| Jan 2, 2025 | Feb 10, 2025 | $1.7700 | $1.7700 | 2.50% |
| Oct 1, 2024 | Nov 12, 2024 | $1.7700 | $1.7700 | 2.42% |
| Jul 1, 2024 | Aug 12, 2024 | $1.7700 | $1.7700 | 2.85% |
| Mar 28, 2024 | May 13, 2024 | $1.7700 | $1.7700 | 2.90% |
| Dec 29, 2023 | Feb 12, 2024 | $1.7500 | $1.7500 | 2.56% |
| Sep 29, 2023 | Nov 13, 2023 | $1.7500 | $1.7500 | 2.42% |
| Jun 30, 2023 | Aug 14, 2023 | $1.7500 | $1.7500 | 2.25% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Air Products and Chemicals has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 2 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $7.1400 | — | — |
| 2025 | $5.3100 | $7.1400 | +34.5% |
| 2024 | $7.0000 | $5.3100 | -24.1% |
| 2023 | $6.4800 | $7.0000 | +8.0% |
| 2022 | $6.0000 | $6.4800 | +8.0% |
| 2021 | $5.3600 | $6.0000 | +11.9% |
| 2020 | $4.6400 | $5.3600 | +15.5% |
| 2019 | $4.4000 | $4.6400 | +5.5% |
| 2018 | $3.8000 | $4.4000 | +15.8% |
| 2017 | $3.3111 | $3.8000 | +14.8% |
| 2016 | $2.9972 | $3.3111 | +10.5% |
| 2015 | $2.8492 | $2.9972 | +5.2% |
| 2014 | $2.6272 | $2.8492 | +8.5% |
| 2013 | $2.3682 | $2.6272 | +10.9% |
| 2012 | $2.1462 | $2.3682 | +10.3% |
| 2011 | $1.8131 | $2.1462 | +18.4% |
| 2010 | $1.6651 | $1.8131 | +8.9% |
| 2009 | $1.6281 | $1.6651 | +2.3% |
| 2008 | $1.4061 | $1.6281 | +15.8% |
| 2007 | $1.2581 | $1.4061 | +11.8% |
| 2006 | $1.1841 | $1.2581 | +6.2% |
| 2005 | $1.0176 | $1.1841 | +16.4% |
| 2004 | $0.8326 | $1.0176 | +22.2% |
| 2003 | $0.7678 | $0.8326 | +8.4% |
| 2002 | $0.7308 | $0.7678 | +5.1% |
| 2001 | $0.6938 | $0.7308 | +5.3% |
| 2000 | $0.6568 | $0.6938 | +5.6% |
| 1999 | $0.6105 | $0.6568 | +7.6% |
| 1998 | $0.5435 | $0.6105 | +12.3% |
| 1997 | $0.5019 | $0.5435 | +8.3% |
| 1996 | $0.4741 | $0.5019 | +5.9% |
| 1995 | $0.4463 | $0.4741 | +6.2% |
| 1994 | $0.4186 | $0.4463 | +6.6% |
| 1993 | $0.3908 | $0.4186 | +7.1% |
| 1992 | $0.3538 | $0.3908 | +10.5% |
| 1991 | $0.3261 | $0.3538 | +8.5% |
| 1990 | $0.2983 | $0.3261 | +9.3% |
| 1989 | $0.2660 | $0.2983 | +12.2% |
| 1988 | $0.2197 | $0.2660 | +21.1% |
| 1987 | $0.1388 | $0.2197 | +58.3% |
| 1986 | $0.1549 | $0.1388 | -10.4% |
| 1985 | $0.1272 | $0.1549 | +21.8% |
| 1984 | — | $0.1272 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Air Products and Chemicals pay dividends?
- Yes, Air Products and Chemicals (APD) pays quarterly dividends of approximately $7.18 per share annually, yielding 2.45%.
What is Air Products and Chemicals's dividend yield?
- Air Products and Chemicals (APD) has a current dividend yield of 2.45%.
Is Air Products and Chemicals's dividend safe?
- Air Products and Chemicals (APD) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Air Products and Chemicals increased its dividend?
- Air Products and Chemicals (APD) has 2 consecutive years of dividend increases.
What is Air Products and Chemicals's dividend payout ratio?
- Air Products and Chemicals (APD) has a dividend payout ratio of -401.5%.