Linde PLC (NASDAQ:LIN) Raises Dividend to $1.60 Per Share

Linde PLC (NASDAQ:LIN) declared a quarterly dividend on Tuesday, February 24th. Investors of record on Wednesday, March 11th will be given a dividend of 1.60 per share by the basic materials company on Thursday, March 26th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Wednesday, March 11th. This is a 6.7% increase from Linde’s previous quarterly dividend of $1.50.

Linde has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 5 years. Linde has a dividend payout ratio of 33.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Linde to earn $18.02 per share next year, which means the company should continue to be able to cover its $6.00 annual dividend with an expected future payout ratio of 33.3%.

Linde Stock Performance

NASDAQ:LIN traded up $2.15 during mid-day trading on Wednesday, reaching $506.15. The company’s stock had a trading volume of 1,827,454 shares, compared to its average volume of 2,621,552. The firm’s fifty day moving average price is $449.38 and its two-hundred day moving average price is $448.60. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The stock has a market cap of $236.35 billion, a P/E ratio of 34.69, a PEG ratio of 3.27 and a beta of 0.84. Linde has a 12-month low of $387.78 and a 12-month high of $509.62.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating the consensus estimate of $4.18 by $0.02. The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The company’s revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm earned $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, equities analysts forecast that Linde will post 16.54 EPS for the current fiscal year.

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.