Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Air Products & Chemicals (APD) — Dividend Profile
Basic Materials·Major Chemicals
S&P 500 Aristocrat11y payment streak1y growth streakActiveQuarterly
Forward Yield
2.56%
@ $282.85
TTM Yield
2.54%
Forward Annual
$7.24
Quarterly
Market Cap
$62.9b
Payout (FCF)
-0.8x covered
Payout (Earnings)
76%
Latest Amount
$1.8100
Ex 2026-04-01
3y CAGR
-19.9%
5y CAGR
-9.7%
10y CAGR
3.4%
Next Ex-Date
2026-07-01
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WatchYield Trap: Green1 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Grey (2.74)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
Elevated (26.9%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
3/9 (Weak)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
No coverage
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
No coverage
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +8.1%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 24 settled events.
Median Ex-Date Drop
-0.35%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
92%
22 of 24 events recovered within 90 days
Median Recovery Time
4 days
1 – 8 days IQR
Avg Capture Yield
0.60%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (40)
Ex-DateAmountFrequencyPay DateType
2026-07-01$1.8100Quarterly2026-08-10recurring
2026-04-01$1.8100Quarterly2026-05-11recurring
2026-01-02$1.7900Quarterly2026-02-09recurring
2025-10-01$1.7900Quarterly2025-11-10recurring
2025-07-01$1.7900Quarterly2025-08-11recurring
2025-04-01$1.7900Quarterly2025-05-12recurring
2025-01-02$1.7700Quarterly2025-02-10recurring
2024-10-01$1.7700Quarterly2024-11-12recurring
2024-03-28$1.7700Quarterly2024-05-13recurring
2023-12-29$1.7500Quarterly2024-02-12recurring
2023-09-29$1.7500Quarterly2023-11-13recurring
2023-06-30$1.7500Quarterly2023-08-14recurring
2023-03-31$1.7500Quarterly2023-05-08recurring
2022-12-30$1.6200Quarterly2023-02-13recurring
2022-09-30$1.6200Quarterly2022-11-14recurring
2022-06-30$1.6200Quarterly2022-08-08recurring
2022-03-31$1.6200Quarterly2022-05-09recurring
2021-12-31$1.5000Quarterly2022-02-14recurring
2021-09-30$1.5000Quarterly2021-11-08recurring
2021-06-30$1.5000Quarterly2021-08-09recurring
2021-03-31$1.5000Quarterly2021-05-10recurring
2020-12-31$1.3400Quarterly2021-02-08recurring
2020-09-30$1.3400Quarterly2020-11-09recurring
2020-06-30$1.3400Quarterly2020-08-10recurring
2020-03-31$1.3400Quarterly2020-05-11recurring
2019-12-31$1.1600Quarterly2020-02-10recurring
2019-09-30$1.1600Quarterly2019-11-11recurring
2019-06-28$1.1600Quarterly2019-08-12recurring
2019-03-29$1.1600Quarterly2019-05-13recurring
2018-12-31$1.1000Quarterly2019-02-11recurring
2018-09-28$1.1000Quarterly2018-11-12recurring
2018-06-29$1.1000Quarterly2018-08-13recurring
2018-03-29$1.1000Quarterly2018-05-14recurring
2017-12-29$0.9500Quarterly2018-02-12recurring
2017-10-06$0.9500Quarterly2017-11-13recurring
2017-06-29$0.9500Quarterly2017-08-14recurring
2017-03-30$0.9500Quarterly2017-05-08recurring
2016-12-29$0.8600Quarterly2017-02-13recurring
2016-10-06$0.8600Quarterly2016-11-14recurring
2016-06-29$0.8600Quarterly2016-08-08recurring