Praxair Increases Dividend in First Quarter 2010
January 27, 2010
DANBURY, Conn., January 27, 2010 — The board of directors of Praxair, Inc. (NYSE: PX) has declared a quarterly dividend of 45 cents per share, a 13% increase from 40 cents per share in the previous quarter. The dividend is payable on March 15, 2010 to shareholders of record on March 5, 2010.
This is the 17th consecutive annual dividend increase for Praxair. "This action reflects our confidence in Praxair's ability to maintain a high quality business throughout the economic cycles," said Steve Angel, chairman and chief executive officer.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide. The company produces, sells and distributes atmospheric and process gases, and high-performance surface coatings. More information on Praxair is available on the Internet at www.praxair.com.