This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

9 Companies With Raised Dividends, Upside: Analysts

8. Airgas (ARG - Get Report), operating through its subsidiaries, is a distributor of industrial, medical and specialty gases (delivered in packaged or cylinder form) and hard goods such as welding equipment and supplies.

Net income for the 2011 fourth quarter was reported at $62.6 million, or 74 cents per share, versus $40.1 million, or 47 cents per share, in the year-ago quarter. Total revenue grew 12.1% to $1.1 billion from 98 million on an 11% increase in same-store sales. For the full year, net income surged 27.2% to $249.8 million, or $2.93 per share, compared to $196.3 million, or $2.34 per share, on revenue growth of 9.7%, to $4.3 billion last year.

As of March 31, 2011, the company completed a $300 million share repurchase program announced on Feb. 16, 2011; it bought back 4.78 million shares in the open market at an average price of $62.76. The company increased its dividend payout by 33% in fiscal 2011. Furthermore, Airgas also increased the quarterly cash dividend on its common stock by 16% from 25 cents per share to 29 cents per share.

The company currently has a dividend yield of 1.86%. Rated by 15 analysts, the stock has buys from 60% of them and holds from 33%. On average, analysts estimate an increase from current levels of 15.7%, to $76.9 in value.

2 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
ARG $104.29 0.00%
APD $152.75 0.00%
DOW $47.76 0.00%
FMC $57.02 0.00%
IBM $160.40 0.00%


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs