Airgas Board of Directors increase the quarterly cash dividend to $0.25 per share from $0.22.
The increase on the company’s common stock will be payable from 30th September 2010.
Airgas Chairman and Chief Executive Officer, Peter McCausland, stated, “We are pleased to raise our dividend on the strength of our outstanding financial performance, including robust earnings growth and cash flow.$quot;
He continued, $quot;The steady improvement we are seeing in our business as the economy recovers gives us further confidence in our growth prospects, financial strength, and operating performance goals.$quot;