Is Air Products (APD) Balancing Its Rich Dividend With Capital‑Heavy Growth Plans?

Air Products and Chemicals recently paid a total dividend of US$1.81 per share on 9 November 2026, following an ex-dividend date of 1 October 2026, extending a dividend track record that dates back to 1983. While this reinforces its reputation as a long-standing dividend payer, the dividend payout ratio of 0.80 has sharpened investor focus on how comfortably future dividends can be funded alongside capital-intensive projects. Next, we’ll examine how this higher payout ratio interacts with...