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Linde declares quarterly dividend of $1.50 per share

Published 29/07/2025, 18:02
Linde declares quarterly dividend of $1.50 per share
LIN
-1.59%

WOKING, England - Industrial gases and engineering company Linde plc (NASDAQ:LIN), a $221.5 billion market cap leader with a solid GOOD financial health rating according to InvestingPro, announced Tuesday that its Board of Directors has declared a quarterly dividend of $1.50 per share.

The dividend will be payable on September 18, 2025, to shareholders of record on September 4, 2025, according to a company press release. The annual dividend yield stands at 1.28%, with impressive dividend growth of 7.91% over the last twelve months. InvestingPro analysis indicates the stock is currently trading above its Fair Value.

Linde, which reported sales of $33 billion in 2024, provides industrial gases and technologies for various sectors including chemicals, food and beverage, electronics, healthcare, manufacturing, metals, and mining.

The company, headquartered in Woking, England, is listed on the Nasdaq stock exchange.

In other recent news, Linde has been recognized for its consistent earnings performance, with Bernstein SocGen Group reiterating an Outperform rating and a price target of $517.00. The firm expects Linde to achieve its 26th consecutive earnings per share beat in the second quarter of 2025. Meanwhile, Citi has upgraded Linde’s stock rating to Buy, raising the price target to $535.00, citing strong execution and improvements in foreign exchange rates and productivity. Additionally, Linde announced plans to expand its industrial gas facilities in Florida and Texas to support rocket launches and space operations, with the new capacity expected to be operational by the first quarter of 2027. In another development, Linde has signed a $400 million agreement to supply industrial gases for a low-carbon ammonia plant in Louisiana, with operations anticipated to begin in 2029. UBS has maintained a neutral rating on Linde, noting the company’s growth plans in low-carbon hydrogen and technology investments. These developments reflect Linde’s strategic moves in expanding its market presence and enhancing its operational capabilities.

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