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Strategies & Market Trends : Dividend investing for retirement

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To: Triffin who wrote (3670)	5/2/2013 8:03:03 AM
From: Triffin	of 34328

ARG boosts quarterly payout by 20% ===== Airgas, Inc. ( ARG) today announced that the Board of Directors increased the quarterly cash dividend on the company's common stock by 20%, from $0.40 per share to $0.48 per share. The dividend will be payable on June 28, 2013 to shareholders of record as of June 14, 2013. “Despite the soft economy, we delivered record adjusted earnings per diluted share* of $4.35 in fiscal 2013, up 6% over the prior year, and we are expecting EPS growth of 15% to 23% in fiscal year 2014,” said Airgas Executive Chairman Peter McCausland. “Strong cash flow continues to be a hallmark of the Airgas business model, and our confidence in Airgas’ long-term prospects and financial stability enables us to increase the dividend while continuing to fund our growth strategies.” ===== Triff ..

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