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.
Airgas, Inc.
Media Contact:
Jay
Worley, 610-902-6206
jay.worley@airgas.com
or
Investor
Contact:
Barry Strzelec, 610-902-6256
barry.strzelec@airgas.com
