Dividends/Stock Split

Praxair Dividends & Stock Split

Our dividend policy

24-Year Consecutive Dividend Increase

Dividends on Praxair's common stock are usually declared and paid quarterly. Our objective is to continue quarterly dividends and consider annual dividend increases in conjunction with continued growth in earnings per share. However, the declaration of dividends is a business decision made by the Board of Directors based on Praxair's earnings, financial condition and other relevant factors.

Reinvestment Plan

We allow for the purchase of Praxair stock without commissions and automatic reinvestment of dividends by purchasing additional shares of stock. Full details about this plan may be obtained from our transfer agent, Wells Fargo Shareowner Services.

Common Stock – Cash Dividend Summary

Declaration Date Record Date Payable Date Amount Per Share
2017 Dividends      
07/25/17 09/08/17 09/15/17 $0.7875
04/27/17 06/07/17 06/15/17 $0.7875 
01/26/17 03/07/17 03/15/17  $0.7875 
2016 Dividends      
10/25/16 12/07/16 12/15/16 $0.75
07/26/16 09/08/16 09/15/16 $0.75
04/26/16 06/07/16 06/15/16 $0.75
01/28/16 03/07/16 03/15/16 $0.75 
2015 Dividends
10/28/15 12/07/15 12/15/15 $0.715
07/28/15 09/08/15 09/15/15 $0.715
04/28/15 06/05/15 06/15/15  $0.715
01/27/15 03/06/15 03/16/15 $0.715
2014 Dividends
10/28/14 12/05/14 12/15/14 $0.65
07/22/14 09/08/14 09/15/14 $0.65
04/22/14 06/06/14 06/16/14 $0.65
01/28/14 03/07/14 03/17/14 $0.65
2013 Dividends
10/29/13 12/06/13 12/16/13 $0.60
07/23/13 09/06/13 09/16/13 $0.60
04/23/13 06/07/13 06/17/13 $0.60
01/22/13 03/07/13 03/15/13 $0.60
2012 Dividends
10/23/12 12/07/12 12/17/12 $0.55
07/24/12 09/07/12 09/17/12 $0.55
04/24/12 06/07/12 06/15/12 $0.55
01/24/12 03/07/12 03/15/12 $0.55
2011 Dividends
10/25/11 12/07/11 12/15/11 $0.50
07/26/11 09/07/11 09/15/11 $0.50
04/26/11 06/07/11 06/15/11 $0.50
01/25/11 03/07/11 03/15/11 $0.50
2010 Dividends
10/26/10 12/07/10 12/15/10 $0.45
07/27/10 09/07/10 09/15/10 $0.45
04/27/10 06/07/10 06/15/10 $0.45
01/26/10 03/07/10 03/15/10 $0.45
2009 Dividends
10/27/09 12/07/09 12/15/09 $0.40
07/28/09 09/07/09 09/15/09 $0.40
04/28/09 06/05/09 06/15/09 $0.40
01/27/09 03/06/09 03/16/09 $0.40
2008 Dividends
10/28/08 12/05/08 12/15/08 $0.375
07/22/08 09/05/08 09/15/08 $0.375
04/22/08 06/06/08 06/16/08 $0.375
01/22/08 03/07/08 03/17/08 $0.375
2007 Dividends
10/23/07 12/07/07 12/17/07 $0.30
07/24/07 09/07/07 09/17/07 $0.30
04/24/07 06/07/07 06/15/07 $0.30
01/23/07 03/07/07 03/15/07 $0.30
2006 Dividends
10/24/06 12/07/06 12/15/06 $0.25
07/25/06 09/07/06 09/15/06 $0.25
04/25/06 06/07/06 06/15/06 $0.25
01/24/06 03/07/06 03/15/06 $0.25
2005 Dividends
10/25/05 12/07/05 12/15/05 $0.18
07/26/05 09/07/05 09/15/05 $0.18
04/26/05 06/07/05 06/15/05 $0.18
01/25/05 03/07/05 03/15/05 $0.18
2004 Dividends
10/26/04 12/07/04 12/15/04 $0.15
07/27/04 09/07/04 09/15/04 $0.15
04/27/04 06/07/04 06/15/04 $0.15
01/27/04 03/05/04 03/15/04 $0.15

Praxair Common Stock Split

Effective Date: December 15, 2003

2 for 1 stock split

Declaration Date RECORD DATE PAYABLE DATE AMOUNT PER SHARE
2003 Dividends
10/27/03 12/05/03 12/15/03 $0.27
07/22/03 09/05/03 09/15/03 $0.215
04/22/03 06/06/03 06/16/03 $0.215
01/28/03 03/07/03 03/17/03 $0.215
2002 Dividends
10/22/02 12/06/02 12/16/02 $0.19
07/23/02 09/06/02 09/16/02 $0.19
04/23/02 06/07/02 06/17/02 $0.19
01/22/02 03/07/02 03/15/02 $0.19
2001 Dividends
10/23/01 12/07/01 12/17/01 $0.17
07/24/01 09/07/01 09/17/01 $0.17
04/24/01 06/07/01 06/17/01 $0.17
01/30/01 03/07/01 03/17/01 $0.17
2000 Dividends
10/24/00 12/07/00 12/15/00 $0.155
07/25/00 09/08/00 09/15/00 $0.155
04/25/00 06/07/00 06/15/00 $0.155
01/25/00 03/07/00 03/15/00 $0.155
1999 Dividends
10/26/99 12/07/99 12/15/99 $0.14
07/27/99 09/07/99 09/15/99 $0.14
04/27/99 06/07/99 06/15/99 $0.14
01/26/99 03/05/99 03/15/99 $0.14
1998 Dividends
10/27/98 12/07/98 12/15/98 $0.125
07/21/98 09/08/98 09/15/98 $0.125
04/28/98 06/05/98 06/15/98 $0.125
01/27/98 03/06/98 03/15/98 $0.125
1997 Dividends
10/21/97 12/05/97 12/15/97 $0.11
07/22/97 09/08/97 09/15/97 $0.11
04/29/97 06/06/97 06/16/97 $0.11
01/21/97 03/07/97 03/17/97 $0.11
1996 Dividends
10/22/96 12/06/96 12/16/96 $0.095
07/23/96 09/09/96 09/16/96 $0.095
04/17/96 06/07/96 06/15/96 $0.095
01/23/96 03/07/96 03/15/96 $0.095
1995 Dividends
10/24/95 12/07/95 12/15/95 $0.08
07/25/95 09/08/95 09/15/95 $0.08
04/19/95 06/07/95 06/15/95 $0.08
01/24/95 03/07/95 03/15/95 $0.08
1994 Dividends
10/25/94 12/07/94 12/15/94 $0.07
07/18/94 09/08/94 09/15/94 $0.07
04/20/94 06/07/94 06/15/94 $0.07
01/25/94 03/07/94 03/15/94 $0.07
1993 Dividends
12/02/93 12/10/93 12/15/93 $0.0625
07/27/93 09/09/93 09/15/93 $0.0625
05/25/93 06/07/93 06/15/93 $0.0625
01/26/93 03/05/93 03/15/93 $0.0625
1992 Dividends
11/24/92 12/07/92 12/15/92 $0.0625
07/21/92 09/08/92 09/15/92 $0.0625

Determining the cost basis on Praxair's spin-off stock:
Praxair shares were distributed to Union Carbide shareholders on a 1-for-1 basis by Union Carbide on June 30, 1992. 58.39% of the original cost basis in Union Carbide became the new basis in Praxair. 41.61% of the original basis became the new basis for Union Carbide.