Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Airgas, Inc.    ARG

SummaryQuotesNewsAnalysisCalendarCompanyFinancials 
News SummaryMost relevantAll newsSector newsTweets 

Airgas, Inc. : Airgas Increases First Quarter Dividend by 25%

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2012 | 01:35pm CET

Airgas, Inc. (NYSE: ARG) today announced that the Board of Directors increased the quarterly cash dividend on the company's common stock by 25%, from $0.32 per share to $0.40 per share. The dividend will be payable on June 29, 2012 to shareholders of record as of June 15, 2012.

"Fiscal 2012 was another tremendous year for Airgas and its shareholders, highlighted by record earnings and very strong cash flow," said Airgas Chairman and Chief Executive Officer Peter McCausland. "The financial strength of our business and our outstanding future prospects enable us to increase our dividend while continuing to fund our long-term growth strategies."

About Airgas, Inc.

Airgas, Inc. (NYSE: ARG), through its subsidiaries, is the largest U.S. distributor of industrial, medical and specialty gases, and hardgoods, such as welding equipment and supplies. Airgas is also a leading U.S. producer of atmospheric gases, carbon dioxide, dry ice, and nitrous oxide, one of the largest U.S. distributors of safety products, and a leading U.S. distributor of refrigerants, ammonia products, and process chemicals. More than 15,000 employees work in approximately 1,100 locations, including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also markets its products and services through eBusiness, catalog and telesales channels. Its national scale and strong local presence offer a competitive edge to its diversified customer base. For more information, please visit www.airgas.com.

This communication contains statements that are forward looking. Forward-looking statements include the statements identified as forward-looking in the Company's press release announcing its quarterly earnings, as well as any statement that is not based on historical fact, including statements containing the words "believes," "may," "plans," "will," "could," "should," "estimates," "continues," "anticipates," "intends," "expects" and similar expressions. All forward-looking statements are based on current expectations regarding important risk factors and should not be regarded as a representation by us or any other person that the results expressed therein will be achieved. Airgas assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law. Important factors that could cause actual results to differ materially from those contained in any forward-looking statement include the factors identified in the Company's press release announcing its quarterly earnings, as well as other factors described in the Company's reports, including its March 31, 2011 Form 10-K, subsequent forms 10-Q, and other forms filed by the Company with the Securities and Exchange Commission. The Company notes that forward-looking statements made in connection with a tender offer are not subject to the safe harbors created by the Private Securities Litigation Reform Act of 1995. The Company is not waiving any other defenses that may be available under applicable law.

Airgas, Inc.
Investor Contact:
Barry Strzelec, 610-902-6256
barry.strzelec@airgas.com
or
Media Contact:
Doug Sherman, 610-902-6270
doug.sherman@airgas.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AIRGAS, INC.
03/16 GLOBAL OXYGEN MARKET : Praxair, Taiyo Nippon Sanso, Airgas, Baosteel Gases, Ying..
03/10 Chart Industries (GTLS) Announce Appointment of Michael Molinini to Board
02/27 AIRGAS : Workers Join Teamsters
02/18 AIRGAS : 911 logs shed more light on deadly liquid nitrogen leak
01/12 AIRGAS : Air Liquide Announces New Visual Identity
01/09 AIRGAS : Air Liquide Strengthens Its Long-Term partnership with ArcelorMittal in..
01/06 AIRGAS : Availability of Pre-Full Year 2016 Results Communication
01/04 AIRGAS : Air Liquide Completes the Sale of Aqua Lung to Montagu Private Equity
01/03 USA : Air Liquide Operates World's Largest Hydrogen Storage Facility
2016 AIRGAS : Salina woman leaves bequest to Smoky Hill River Festival
More news
Sector news : Commodity Chemicals - NEC
03/24 AKZO NOBEL : PPG CEO leaves Netherlands, remains ready to meet with Akzo boards
03/24DJAIR PRODUCTS & CHEMICALS : Walks Away From Bid for Yingde Gases
03/23DJMARKET SNAPSHOT : Dow Edges Down For 6th Straight Decline After Health-care Vote..
03/23DJMARKET SNAPSHOT : Dow Edges Down For 6th Straight Decline After Health-care Vote..
03/23DJAKZO NOBEL : Largest Shareholder Urges Engagement With PPG -- 2nd Update
More sector news : Commodity Chemicals - NEC
News from SeekingAlpha
2016 Brexit Isn't The Biggest Concern, It's Inflation And Deflation's Double-Edged..
2016 Whether We Want It Or Not, We All Need A Break
2016 Viacom Bound For Sale?
2016 Which Companies Got Evicted From VIG?
2016 HUDSON TECHNOLOGIES : The Start Of The Price Squeeze
Advertisement
Income Statement Evolution
More Financials
Managers
NameTitle
Pierre Dufour Chairman
Andrew R. Cichocki Chief Operating Officer
Robert M. McLaughlin Chief Financial Officer & Senior Vice President
Robert A. Dougherty Chief Information Officer & Senior Vice President
Michael J. Graff Vice Chairman
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
AIRGAS, INC.0.00%0
AIR LIQUIDE0.33%44 587
SHIN-ETSU CHEMICAL CO ..6.22%37 383
LYONDELLBASELL INDUSTR..2.08%35 246
PRAXAIR, INC.-0.67%33 209
AIR PRODUCTS & CHEMICA..-6.17%29 362
More Results