Airgas, Inc. has announced that the Board of Directors has increased the quarterly cash dividend on the company’s common stock, to $0.18 per share from $0.16.
The dividend will be payable 30th June 2009, to shareholders of record as of 15th June 2009.
“This dividend increase is a way to reward our shareholders in a tough environment,” commented Airgas Chairman and Chief Executive Officer Peter McCausland.
“We are fortunate that Airgas’ strong cash flow supports this action and allows us to continue to pursue our growth strategies in this challenging economy.”
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