Linde PLC (LIN) to Issue Quarterly Dividend of $1.60 on June 18th

Linde PLC (NASDAQ:LIN) announced a quarterly dividend on Monday, April 27th. Stockholders 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) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, June 4th.

Linde has increased its dividend payment by an average of 0.1%annually over the last three years and has increased 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. Equities analysts expect Linde to earn $19.51 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 32.8%.

Linde Trading Down 0.1%

Shares of LIN opened at $497.41 on Tuesday. The business’s 50-day moving average price is $501.45 and its 200-day moving average price is $466.12. Linde has a twelve month low of $387.78 and a twelve month high of $521.28. The stock has a market cap of $229.98 billion, a PE ratio of 33.03, a P/E/G ratio of 3.12 and a beta of 0.73. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the prior year, the business posted $3.95 earnings per share. The company’s revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, equities analysts forecast that Linde will post 17.86 EPS for the current fiscal year.

Insider Activity at Linde

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total value of $2,094,802.03. Following the completion of the sale, the vice president owned 22,138 shares of the company’s stock, valued at $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the completion of the sale, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This represents a 44.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is owned by corporate insiders.

Institutional Trading of Linde

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Meadowbrook Advisors Group LLC lifted its position in Linde by 4.3% in the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock valued at $253,000 after purchasing an additional 21 shares during the last quarter. Blalock Williams LLC lifted its position in Linde by 4.5% in the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after purchasing an additional 22 shares during the last quarter. Mutual Advisors LLC lifted its position in Linde by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after purchasing an additional 22 shares during the last quarter. Valmark Advisers Inc. lifted its position in Linde by 0.5% in the first quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock valued at $2,062,000 after purchasing an additional 22 shares during the last quarter. Finally, Binnacle Investments Inc lifted its position in Linde by 10.2% in the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 22 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.

About Linde

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.