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Air Products & Chemicals shows strong growth and dividend rise, securing long-term industrial gas contracts.

Company Fundamentals
24 Jun 2026
24/7 Wall Street
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Bullish
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Air Products & Chemicals reported a 9% revenue increase and 19% EPS growth in Q2 FY2026, driven by long-term contracts supplying essential industrial gases to sectors like refineries and semiconductor fabs. The company raised its quarterly dividend to $1.81, continuing a 44-year streak of increases, supported by robust operating cash flow. Strategic wins include a major Samsung semiconductor gas supply deal and NASA's Artemis program involvement. Despite short-term stock underperformance, the firm’s stable contracts and dividend growth make it a solid choice for long-term, income-focused investors.

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