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

Linde PLC (NASDAQ:LIN) declared a quarterly dividend on Tuesday, July 28th. Stockholders of record on Thursday, September 3rd will be given a dividend of 1.60 per share by the basic materials company on Thursday, September 17th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 3rd.

Linde has increased its dividend by an average of 0.1%per year 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 $19.63 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 32.6%.

Linde Trading Down 0.3%

Shares of LIN stock traded down $1.43 on Wednesday, reaching $509.75. 117,694 shares of the company’s stock were exchanged, compared to its average volume of 2,393,200. The company’s fifty day simple moving average is $516.08 and its 200 day simple moving average is $495.40. The stock has a market capitalization of $235.69 billion, a PE ratio of 33.84, a P/E/G ratio of 3.20 and a beta of 0.72. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. Linde has a 52 week low of $387.78 and a 52 week high of $548.20.

Linde (NASDAQ:LIN) last released its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same quarter last year, the firm posted $3.95 earnings per share. The business’s revenue was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, analysts forecast that Linde will post 17.89 EPS for the current year.

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.