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People & Business :: Companies
Airgas Raises Dividend
August 29, 2011 | Vincent Valk
Airgas has raised its quarterly dividend by 10%, to 32 cts/share, the company says. The dividend will be paid on September 30 to shareholders of record as of September 15. The company's previous dividend was 29 cts/share. "We are raising the dividend on the strength of our record earnings and strong cash flow in fiscal 2011 and the first quarter of fiscal 2012," says Airgas CEO Peter McCausland. The company generated $110 million in cash from operations in the quarter ended June 30, according to its most recent quarterly report. Airgas has 75.6...
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