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AIR PRODUCTS INCREASES QUARTERLY DIVIDEND

 AIR PRODUCTS INCREASES QUARTERLY DIVIDEND
 ALLENTOWN, Pa., June 18 /PRNewswire/ -- The board of directors of


Air Products and Chemicals, Inc. (NYSE: APD) today increased the quarterly dividend on the company's common stock to 21.5 cents per share from 20 cents, or 7.5 percent.
 The dividend is payable Aug. 10, 1992, to shareholders of record at the close of business on July 3.
 In commenting on the board's action, Air Products' Chairman H.A. Wagner stated, "This increase reflects our continued confidence in the company's long-term growth, the profitability of our businesses, and our strong financial condition."
 In March of this year, Air Products' common stock was split 2- for-1, and a dividend of 20 cents per share was established. The dividend had been 19.5 cents per share on a post-split basis.
 /delval/
 -0- 6/18/92
 /CONTACT: Kevin J. Ramundo of Air Products and Chemicals, 215-481-4346/
 (APD) CO: Air Products and Chemicals, Inc. ST: Pennsylvania IN: CHM SU: DIV


LJ -- PH009 -- 1421 06/18/92 10:29 EDT
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Publication:PR Newswire
Date:Jun 18, 1992
Words:171
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