L’Air Liquide S.A. (OTCMKTS:AIQUY) Announces Dividend Increase – $0.68 Per Share

L’Air Liquide S.A. (OTCMKTS:AIQUY) declared a dividend on Wednesday, April 17th, NASDAQ reports. Investors of record on Friday, May 17th will be given a dividend of 0.681 per share by the basic materials company on Friday, June 14th. The ex-dividend date is Thursday, May 16th. This is a boost from L’Air Liquide’s previous dividend of $0.48.

L’Air Liquide Trading Up 0.8 %

AIQUY opened at $39.69 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.87 and a quick ratio of 0.64. The company’s 50 day moving average is $40.43 and its 200 day moving average is $37.88. L’Air Liquide has a 12-month low of $32.18 and a 12-month high of $42.81.

Institutional Investors Weigh In On L’Air Liquide

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AIQUY. PNC Financial Services Group Inc. raised its stake in L’Air Liquide by 4.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 12,239 shares of the basic materials company’s stock worth $433,000 after acquiring an additional 546 shares during the period. SVB Wealth LLC raised its position in shares of L’Air Liquide by 69.6% during the first quarter. SVB Wealth LLC now owns 26,780 shares of the basic materials company’s stock valued at $936,000 after buying an additional 10,986 shares during the last quarter. Captrust Financial Advisors raised its position in shares of L’Air Liquide by 44.8% during the first quarter. Captrust Financial Advisors now owns 14,588 shares of the basic materials company’s stock valued at $510,000 after buying an additional 4,512 shares during the last quarter. OLD Mission Capital LLC bought a new stake in shares of L’Air Liquide during the first quarter valued at approximately $231,000. Finally, Hancock Whitney Corp raised its position in shares of L’Air Liquide by 21.8% during the first quarter. Hancock Whitney Corp now owns 17,995 shares of the basic materials company’s stock valued at $602,000 after buying an additional 3,223 shares during the last quarter. Institutional investors own 0.01% of the company’s stock.

L’Air Liquide Company Profile

L'Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.