Air Products and Chemicals (APD) has consistently rewarded shareholders with a quarterly
dividend payout of $1.79. This gas corporation continues to draw attention for its steady income from the
industrial sector. This fiscal year, it has maintained an
Outperform rating at both RBC Capital and Mizuho Securities. The company has declared
dividends quarterly across the fiscal year showcasing why it is a
Dividend Aristocrat.
RBC Capital backs the company with a
buy rating and a target price of $355 while Mizuho Securities bumps up the price target to $325. The recent appointment of
Eduardo F. Menezes CEO and quarterly earnings conference drew investor attention, though the firm faces some internal challenges such as
dissident board nominees, strategic focus shifts and proxy fights. In challenging times,
Air Products’ stock registered a net loss of $1.7 billion for Q2. Despite this, the company unveiled a revolutionary
Solartech technology for metal processing and continued its
clean energy strategy. The forecast suggests significant potential for future growth despite current market conditions.
Air Products Chemicals APD News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Fri, 18 Jul 2025 22:55:44 GMT -
Rating 4
- Innovation 5
- Information 6
- Rumor -5
