Air Products & Chemicals, Inc. (NYSE:APD) has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 2.8% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.
According to the ETF Finder at ETF Channel, Air Products & Chemicals is a member of the iShares S&P 1500 Index ETF (NYSEARCA:ITOT), and is also an underlying holding representing 0.88% of the SPDR S&P Dividend ETF (NYSEARCA:SDY), which holds $136,008,683 worth of APD shares.
Air Products & Chemicals made the “Dividend Channel S.A.F.E. 25” list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by Air Products & Chemicals is $3.80 per share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/30/2017.
Below is a long-term dividend history chart for APD, which the report stressed as being of key importance.
More From InvestorPlace
- 5 Blue-Chip Stocks to Sell in April
- The 7 Best Stocks to Buy for an Income-Rich Retirement
- The 10 Best ETFs to Buy for the Rest of 2017