March 18, 2010 Lehigh Valley, Pa.
The Board of Directors of Air Products (NYSE:APD) today increased the quarterly dividend on the company’s common stock to 49 cents per share from 45 cents.
The dividend is payable on May 10, 2010 to shareholders of record at the close of business on April 1, 2010. This marks the 28th consecutive year that Air Products has increased its dividend payment.
Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2009, Air Products had revenues of $8.3 billion, operations in over 40 countries, and 18,900 employees around the globe. For more information, visit www.airproducts.com.
NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.