Airgas Increases Quarterly Dividend by 13% |
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Airgas
259 No. Radnor-Chester Rd.
Radnor, PA, 19087
USA
Press release date: May 19, 2009
RADNOR, PA - May 19, 2009 -- Airgas, Inc. (NYSE: ARG) today announced that the Board of Directors increased the quarterly cash dividend on the company's common stock to $0.18 per share from $0.16. The dividend will be payable June 30, 2009 to shareholders of record as of June 15, 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."
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 one of the largest U.S. distributors of safety products, the largest U.S. producer of nitrous oxide and dry ice, the largest liquid carbon dioxide producer in the Southeast, and a leading distributor of process chemicals, refrigerants, and ammonia products. More than 14,000 employees work in over 1,100 locations, including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also distributes 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.
Media Contact: Jay Worley (610) 902-6206 jay.worley@airgas.com Investor Contact: Barry Strzelec (610) 902-6256 barry.strzelec@airgas.com
Airgas, Inc. 259 North Radnor-Chester Road Suite 100, Radnor, PA 19087-5283 Service provided by Shareholder.com
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