13 Best Industrial Dividend Stocks to Buy Right Now

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7. Air Products and Chemicals, Inc. (NYSE:APD)

Number of Hedge Fund Holders: 60

Air Products and Chemicals, Inc. (NYSE:APD) is a worldwide leader in providing industrial gases and equipment for liquefied natural gas (LNG) processing. It’s also one of the top global suppliers of merchant hydrogen and plays a key role in hydrogen fuel infrastructure. The company operates over 100 hydrogen plants with the ability to produce 7 million kilograms of hydrogen fuel daily.

In the first quarter of 2025, Air Products and Chemicals, Inc. (NYSE:APD) reported a strong cash position with an operating cash flow of $811.7 million, up $626.6 million from the same period last year. At the end of December 2024, the company had almost $2 billion available in cash and cash items. APD has always remained committed to its shareholder return as the company expects to pay approximately $1.6 billion to investors through dividends in FY25.

Air Products and Chemicals, Inc. (NYSE:APD) is among the best dividend stocks in the industrial sector as the company has raised its payouts for 43 years in a row. The company currently pays a quarterly dividend of $1.79 per share and has a dividend yield of 2.45%, as of July 13.

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