How Safe Is Air Products & Chemicals' Dividend?
Many investors aren't familiar with the business in which Air Products & Chemicals (NYSE: APD) specializes, providing the atmospheric and process gases necessary for manufacturers in the metals, electronics, food and beverage, and petrochemical industries to make their products. With operations in 50 countries, Air Products has a global presence, and it has also established a long history of treating its shareholders well by paying ever-increasing dividends on its stock. Air Products enjoyed stellar stock performance in the early 2010s, but more recently, the company has seen growth in its share price stall out. Let's take a closer look at Air Products & Chemicals to see whether investors can be confident in its ability to keep its dividend moving higher.
Current Quarterly Dividend Per Share
$0.95
Source: Fool.com
Air Products + Chemicals Stock
Our community is currently high on Air Products + Chemicals with 16 Buy predictions and 3 Sell predictions.
As a result the target price of 264 € shows a slightly positive potential of 12.29% compared to the current price of 235.1 € for Air Products + Chemicals.
