Linde PLC (NASDAQ:LIN) Plans Quarterly Dividend of $1.60

Key Points

• Linde declared a quarterly dividend of $1.60 per share, payable December 17 to shareholders of record December 3. The annualized dividend is $6.40 per share, representing a 1.3% yield.
• Linde has raised its dividend for five consecutive years, with a current payout ratio of 35.7%; analysts expect the dividend to remain well covered by projected earnings.
• The company recently reported quarterly EPS of $4.50 and revenue of $9.29 billion, exceeding analyst estimates, while year-over-year revenue increased 9.3%.

Linde PLC (NASDAQ:LIN - Get Free Report) declared a quarterly dividend on Monday, October 26th. Investors of record on Thursday, December 3rd will be given a dividend of $1.60 per share by the basic materials company on Thursday, December 17th. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 3rd.

Linde has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 5 consecutive years. Linde has a payout ratio of 35.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Linde to earn $19.58 per share next year, which means the company should continue to be able to cover its $6.40 annual dividend with an expected future payout ratio of 32.7%.

Linde Stock Down 0.2%

Shares of NASDAQ LIN opened at $507.56 on Tuesday. Linde has a 12-month low of $387.78 and a 12-month high of $548.20. The stock has a market cap of $233.98 billion, a PE ratio of 32.79, a P/E/G ratio of 2.97 and a beta of 0.71. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51. The company has a 50-day moving average of $480.65 and a 200 day moving average of $490.64.

Linde (NASDAQ:LIN - Get Free Report) last released its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, topping analysts' consensus estimates of $4.49 by $0.01. The business had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The business's revenue was up 9.3% on a year-over-year basis. During the same period last year, the company posted $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, sell-side analysts predict that Linde will post 17.86 EPS for the current fiscal year.

About Linde

Linde plc NASDAQ: LIN is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde's products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.

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