2024-03-16 12:36:20 ET
Summary
- Air Products and Chemicals is a leading dividend aristocrat in the basic materials sector, offering strong fundamentals and consistent dividend growth.
- The company has realigned its portfolio to focus on high-demand gases, resulting in higher margins and steady sales growth.
- Air Products and Chemicals has significant growth opportunities in hydrogen and energy transition, and with a fair valuation, it's a BUY.
Introduction
One sector that I lack exposure to is the basic materials sector. While I have adequate exposure to the energy sector, the basic materials remain elusive. As companies in the sector tend to be sensitive to price changes of commodities, most of them are unsuitable for dividend growth investors seeking reliable growth in sales and EPS. In this article, I will analyze Air Products and Chemicals ( APD ), a leading dividend aristocrat in the sector....
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For further details see:
Air Products And Chemicals Is A Key Player In Energy Transition