Could Air Products and Chemicals, Inc. Have The Makings Of Another Dividend Aristocrat?
simplywall | February 22, 2020
Is Air Products and Chemicals, Inc. (NYSE:APD) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can be highly rewarding in the long term. If you are hoping to live on your dividends, it’s important to be more stringent with your investments than the average punter. Regular readers know we like to apply the same approach to each dividend stock, and we hope you’ll find our analysis useful. While Air Products and Chemicals’s 2.1% dividend yield is not the highest, we think its lengthy payment history is quite interesting. Some simple analysis can reduce the risk of holding Air Products and Chemicals for its dividend, and we’ll focus on the most important aspects below.