LIN Linde plc

Basic Materials · Specialty Chemicals

6 · Fair Momentum 4.0 · Weak Watch Aristocrat

490.53

-0.39%

About the company

Linde plc operates as an industrial gas company worldwide. The company offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, electronic gases, specialty gases, and acetylene. It also engages in the design and construction of turnkey process plants for third-party customers, as well as for its gas businesses, including air separation, hydrogen, synthesis, olefin, and natural gas plants. The company serves the healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics industries. It operates in the United States, Brazil, Mexico, Canada, Germany, the United Kingdom, Eastern Europe, China, Australia, South Korea, and India. Linde plc was founded in 1879 and is based in Woking, the United Kingdom.

Website Annual reports (10-K)

1.30%

41.26%

6.40

226.1B

31.63

15.51

475.40

52-week range

491

low 388 high 548

Dividend deep dive

Linde plc (LIN) operates in Specialty Chemicals within the Basic Materials sector. The company is a Dividend Champion, having increased its dividend for 29 consecutive years. Its current dividend yield is 1.25%, which is at the lower end of its 5-year yield range of 1.24% to 1.53%, indicating a potentially less favorable entry point compared to its historical average of 1.38%. The dividend safety status is currently marked as "watch".

Dividend history

Linde plc has demonstrated a consistent commitment to returning capital to shareholders, boasting a 29-year streak of annual dividend increases, earning it the Dividend Champion tier. The company has shown robust dividend growth, with a 3-year Compound Annual Growth Rate (CAGR) of 8.63% and a 5-year CAGR of 9.27%. Annual dividends per share have steadily climbed from $2.60 in 2014 to $3.50 in 2019, $4.24 in 2021, and $5.56 in 2024, with a projected $6.00 in 2025. This historical trend highlights sustained growth in dividend payments.