Linde PLC (NASDAQ:LIN) Shareholders to Collect $1.60 Quarterly Dividend

Linde PLC (NASDAQ:LIN) announced 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 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 3rd.

Linde has raised its dividend by an average of 0.1% annually over the last three years and has raised its dividend every year for the last 5 years. Linde has a payout ratio of 35.7% meaning its dividend is sufficiently covered by earnings. Equities research 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 Price Performance

LIN opened at $507.56 on Tuesday. The stock’s 50-day moving average price is $480.65 and its 200 day moving average price is $490.64. Linde has a 12-month low of $387.78 and a 12-month high of $548.20. 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 firm has a market cap of $233.98 billion, a price-to-earnings ratio of 32.79, a PEG ratio of 2.97 and a beta of 0.71.

Linde (NASDAQ:LIN) last announced its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. The company had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. Linde’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the business 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 expect that Linde will post 17.86 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Principia Wealth Advisory LLC raised its stake in Linde by 74.2% during the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 23 shares in the last quarter. Legacy Wealth Managment LLC ID lifted its position in Linde by 96.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 28 shares during the last quarter. Manning & Napier Advisors LLC lifted its position in Linde by 1,450.0% in the first quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 58 shares during the last quarter. Marquette Asset Management LLC acquired a new position in Linde in the third quarter valued at $29,000. Finally, Polaris Financial Partners acquired a new position in Linde in the third quarter valued at $31,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Company Profile

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.