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

Key Points

• Linde declared a quarterly dividend of $1.60 per share (record date June 4, payable June 18), equal to $6.40 annually with a yield of about 1.3%.
• The dividend appears comfortably covered: Linde's payout ratio is 35.7% and the company has raised its dividend for five consecutive years, with analysts' EPS forecasts implying a future payout ratio near 32.9%.
• Linde recently beat quarterly EPS and revenue expectations, issued Q1 and FY 2026 EPS guidance, and carries a consensus Buy rating with an average analyst target of $527.80 while shares trade around $510.75.

Linde PLC (NASDAQ:LIN - Get Free Report) announced a quarterly dividend on Monday, April 27th. Investors of record on Thursday, June 4th will be paid a dividend of 1.60 per share by the basic materials company on Thursday, June 18th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th.

Linde has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 5 years. Linde has a dividend payout ratio of 35.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Linde to earn $19.43 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 32.9%.

Linde Price Performance

Shares of NASDAQ LIN opened at $510.75 on Tuesday. Linde has a fifty-two week low of $387.78 and a fifty-two week high of $512.96. The firm's 50-day simple moving average is $495.76 and its 200 day simple moving average is $455.03. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The stock has a market cap of $236.68 billion, a P/E ratio of 35.01, a P/E/G ratio of 3.22 and a beta of 0.78.

Linde (NASDAQ:LIN - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating analysts' consensus estimates of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The business had revenue of $8.76 billion for the quarter, compared to analysts' expectations of $8.64 billion. During the same period in the previous year, the business earned $3.97 earnings per share. The company's revenue was up 6.3% on a year-over-year basis. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Equities analysts expect that Linde will post 17.81 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. BMO Capital Markets restated an "outperform" rating on shares of Linde in a research note on Tuesday, February 10th. JPMorgan Chase & Co. raised Linde from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $455.00 to $525.00 in a report on Friday, March 13th. Seaport Research Partners lifted their target price on Linde from $525.00 to $575.00 and gave the stock a "buy" rating in a report on Friday, April 17th. Erste Group Bank raised Linde from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 18th. Finally, UBS Group lifted their target price on Linde from $550.00 to $579.00 and gave the stock a "buy" rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $527.80.

Linde Company Profile

Linde NASDAQ: LIN is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany's Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde's business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.