Linde PLC (LIN) to Issue Quarterly Dividend of $1.60 on September 17th

Linde PLC (NASDAQ:LIN) declared a quarterly dividend on Tuesday, July 28th. Shareholders 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) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 3rd.

Linde has increased its dividend payment 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 dividend payout ratio of 35.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Linde to earn $19.61 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 Price Performance

Shares of NASDAQ LIN opened at $489.58 on Tuesday. The company has a market capitalization of $225.69 billion, a PE ratio of 31.63, a PEG ratio of 3.08 and a beta of 0.72. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. The stock’s 50 day moving average price is $504.79 and its 200-day moving average price is $501.75. Linde has a twelve month low of $387.78 and a twelve month high of $548.20.

Linde (NASDAQ:LIN) last issued its quarterly 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 the consensus estimate of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%.Linde’s revenue was up 9.3% on a year-over-year basis. During the same period last year, the business posted $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, equities analysts anticipate that Linde will post 17.85 EPS for the current 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.