Linde PLC (NASDAQ:LIN) Shares Set to Pay Quarterly Dividend of $1.60

Linde PLC (NASDAQ:LIN) declared a quarterly dividend on Monday, October 26th. Shareholders of record on Thursday, December 3rd will be paid 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 yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 3rd.

Linde has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 5 consecutive years. Linde has a payout ratio of 35.7% meaning its dividend is sufficiently covered by earnings. Equities 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 Trading Down 0.2%

Linde stock opened at $507.56 on Tuesday. The stock has a market cap of $233.98 billion, a P/E ratio of 32.79, a PEG ratio of 2.97 and a beta of 0.71. Linde has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The firm’s fifty day moving average price is $480.65 and its 200-day moving average price is $490.64. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%. The company had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.02 billion. During the same quarter last year, the company earned $4.09 earnings per share. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Equities research analysts forecast that Linde will post 17.86 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Linde

Hedge funds have recently made changes to their positions in the business. State Street Corp raised its position in Linde by 3.7% in the 2nd quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock worth $10,558,016,000 after purchasing an additional 719,052 shares during the period. Amundi boosted its position in Linde by 13.4% during the first quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock valued at $1,567,796,000 after buying an additional 373,012 shares during the period. Dimensional Fund Advisors LP boosted its position in Linde by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock valued at $1,358,712,000 after buying an additional 64,078 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in Linde by 28.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company’s stock valued at $805,475,000 after buying an additional 361,664 shares during the period. Finally, Swiss National Bank grew its stake in shares of Linde by 6.6% during the first quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company’s stock valued at $679,370,000 after buying an additional 85,360 shares during the last quarter. 82.80% of the stock is currently owned by 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.