Morgan Stanley Is Right, Air Products and Chemicals Is A Top Dividend Stock

Leo Nelissen profile picture
Leo Nelissen
21.01K Followers

Summary

  • In this article, I start by taking a closer look at the (potential) future of hydrogen, one of the areas Air Products and Chemicals is focused on.
  • Air Products and Chemicals was named one of the best dividend stocks to buy by Morgan Stanley. In this article, I explain why I agree with that.
  • APD combines a long pipeline of growth projects and a very profitable existing business, which allows investors to outperform the market on a consistent basis.
  • The company has a fortress balance sheet, a very decent dividend yield, and strong (expected) dividend growth rates - on top of a very fair valuation.
Dollar growth chart

AndreyPopov

Introduction

I don't know about you, but I'm being spammed with ads from companies that offer (what they consider to be) attractive ways to invest in the future through overpriced ETFs or startups that are riskier than playing Russian roulette with a fully

This article was written by

Leo Nelissen profile picture
21.01K Followers
I'm a Buy-Side Macro Expert/Financial Markets Analyst. On Seeking Alpha, I discuss a wide range of topics including long-term dividend (growth) investments, mid-term trading opportunities, commodities, rates, and related. A big part of my philosophy is to incorporate as much macro as possible in my articles as it helps investors to make their own decisions and to be on top of all major developments. My DMs are always open. Also, I'm on Twitter (@Growth_Value_) in case you want to say hi! Long-Term Dividend HoldingsPSA, DUK, HD, PEP, RTX, UNP, VLO, DE, ABBV, CAT, HBAN, NSC, LHX, XOM, CVX, CP, LMT, NOC, CME, DHR, EXR

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: This article serves the sole purpose of adding value to the research process. Always take care of your own risk management and asset allocation.

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