Trailing Dividend / Share
$7.11
Air Products and Chemicals, Inc. (APD) Dividend History
Income profile from 1983 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.3%
Payout Ratio
N/A
Unknown
Dividend Streak
29 years
APD Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
29 straight years of dividend increases.
Income Trend
Yield on cost is 2.7% and trend is rising.
APD Dividend Scorecard
Yield & Income
Dividend Yield2.3%
Trailing DPS$7.11
FrequencyQuarterly
Payments / 12M5
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF Payout142.8%
FCF SafetyStretched
Piotroski F-Score2/9
Growth
Growth Streak29 years
3Y CAGR3.3%
5Y CAGR5.9%
Yield on Cost (5Y)2.7%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.3%
1Y Total Return14.3%
5Y Total Return15.5%
Div Contribution (5Y)11.6%
Estimated $10K growth (return + dividends):
5Y ago$11,55110Y ago$27,19520Y ago$60,170
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
APD Income Growth Story
Dividend per share and yield on cost over time (44 years of payments)
APD Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Air Products and Chemicals, Inc. has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 142.8%, rated "Stretched".
Piotroski F-Score: 2/9 — weak financial health.
Growth Track Record
APD has raised its dividend for 29 consecutive years, with a 3-year CAGR of 3.3% and 5-year CAGR of 5.9%.
Total Shareholder Returns
Beyond cash dividends, APD returns capital through share repurchases. The combined picture: 2.3% dividend yield, 2.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.7% and is currently rising. The 5-year total return is 15.5%, with dividends contributing 11.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,195 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
APD Recent Dividend Payments
Last 20 payments · Quarterly
TTM Total$34.33
Avg/Payment$1.7165
Latest Change-0.6%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jul 1, 2026Latest | $1.8000 | ↓ -0.6% | 2.39% | Aug 10, 2026 |
| Apr 1, 2026 | $1.8100 | ↑ +1.1% | 2.48% | May 11, 2026 |
| Jan 2, 2026 | $1.7900 | — | 2.86% | Feb 9, 2026 |
| Oct 1, 2025 | $1.7900 | — | 2.66% | Nov 10, 2025 |
| Jul 1, 2025 | $1.7900 | — | 2.49% | Aug 11, 2025 |
| Apr 1, 2025 | $1.7900 | ↑ +1.1% | 2.42% | May 12, 2025 |
| Jan 2, 2025 | $1.7700 | — | 2.50% | Feb 10, 2025 |
| Oct 1, 2024 | $1.7700 | — | 2.42% | Nov 12, 2024 |
APD Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
2.3%
#4 of 9
Safety
Unknown
— payout
Streak
29Y
5.9% 5Y CAGR
Total Shareholder
2.3%
#7 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| APDAir Products and Che… | $67.7B | 2.3% | — | 29 | Unknown |
 LINLinde plc | $231.9B | 1.2% | 40.8% | 6 | Sustainable |
 ALBAlbemarle Corporatio… | $22.9B | 0.4% | — | 0 | Unknown |
 PXP10, Inc. | $909M | 1.7% | 82.8% | 0 | Watch |
2nd  EMNEastman Chemical Com… | $8.8B | 4.3% | 80.4% | 12 | Watch |
 CECelanese Corporation | $7.7B | 0.2% | — | 0 | Unknown |
3rd  OLNOlin Corporation | $3.3B | 2.8% | — | 3 | Unknown |
1st  HUNHuntsman Corporation | $2.6B | 5.6% | — | 0 | Unknown |
 WLKWestlake Corporation | $13.4B | 2.0% | — | 12 | Unknown |
APD Annual Dividend History (1983–2026)
44 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $5.40 | — | 3 | — | — | — | 2.0% |
| 2025 | $7.14 | 34.5% | 4 | $-1.77 | — | — | 2.7% |
| 2024 | $5.31 | -24.1% | 3 | $17.18 | 30.9% | 3.24x | 2.0% |
| 2023 | $7.00 | 8.0% | 4 | $10.30 | 68.0% | 1.47x | 2.6% |
| 2022 | $6.48 | 8.0% | 4 | $10.08 | 64.3% | 1.56x | 2.4% |
| 2021 | $6.00 | 11.9% | 4 | $9.12 | 65.8% | 1.52x | 2.2% |
| 2020 | $5.36 | 15.5% | 4 | $8.55 | 62.7% | 1.60x | 2.0% |
| 2019 | $4.64 | 5.5% | 4 | $7.94 | 58.4% | 1.71x | 1.7% |
| 2018 | $4.40 | 15.8% | 4 | $6.78 | 64.9% | 1.54x | 1.6% |
| 2017 | $3.80 | 14.8% | 4 | $13.65 | 27.8% | 3.59x | 1.4% |
Full APD Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See APD's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs APD Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare APD vs LIN
Side-by-side business, growth, and profitability comparison vs Linde plc.
Start ComparisonAPD — Frequently Asked Questions
Quick answers to the most common questions about buying APD stock.
How much dividend does APD pay per share?
Air Products and Chemicals, Inc. (APD) pays a trailing 12-month dividend of $7.11 per share, with a current dividend yield of +2.3%. Payments are made Quarterly.
When is APD's next ex-dividend date?
APD's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. APD typically pays dividends Quarterly.
Is APD's dividend safe?
APD's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +142.8%. With 29 consecutive years of dividend growth, the track record supports sustainability.
Is APD a Dividend Aristocrat?
Yes, Air Products and Chemicals, Inc. is classified as a Dividend Aristocrat with 29 consecutive years of dividend increases. The 5-year dividend CAGR is +5.9%, demonstrating above-inflation dividend growth.
How often does APD pay dividends?
Air Products and Chemicals, Inc. pays dividends Quarterly. The trailing 12-month total is $7.11 per share. Dividend data on this page covers 43+ years from 1983 to 2026.
How much would $10,000 invested in APD grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in APD five years ago would be worth approximately $11,551 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is APD's yield on cost for long-term holders?
APD's yield on cost — the current dividend divided by the original purchase price — is +2.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.3% market yield, thanks to consistent dividend growth.