Praxair increases dividend for 22nd consecutive year
Praxair (NYSE: PX) will raise its quarterly dividend by 10% to $0,715 per share, marking 22 years of consecutive dividend increases.
Based on today's stock price of $124,47 for Praxair the higher dividend represents an annualized yield of 2,3%.
“Praxair’s ability to increase its annual dividend for the twenty-second consecutive year is a direct result of our disciplined approach to capital investments and our commitment to drive strong operating cash flow,” said Chairman, President and Chief Executive Officer Steve Angel.
Source: Praxair
