Linde PLC (LIN) To Go Ex-Dividend on December 3rd

Linde PLC (NASDAQ:LIN) announced a quarterly dividend on Monday, October 26th. Investors 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 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, December 3rd.

Linde has raised its dividend by an average of 0.1% per year over the last three years and has increased 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. Research 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 Stock Up 0.2%

LIN opened at $508.65 on Wednesday. The company has a fifty day moving average price of $481.84 and a two-hundred day moving average price of $491.36. Linde has a 52 week low of $387.78 and a 52 week high of $548.20.

Linde (NASDAQ:LIN) last issued 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. The business had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.02 billion. During the same quarter in the prior year, the firm posted $4.09 earnings per share. Linde’s revenue for the quarter was up 9.3% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, research analysts predict that Linde will post 17.86 earnings per share for the current fiscal year.

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.