March 15, 2007 Lehigh Valley, Pa.
The Board of Directors of Air Products (NYSE:APD) today increased the quarterly dividend on the company’s common stock to 38 cents per share from 34 cents, an increase of 12 percent.
The dividend is payable on May 14, 2007 to shareholders of record at the close of business on April 2, 2007. This marks the 25th consecutive year that Air Products has increased its dividend payment.
NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.