Linde Declares Dividend in Fourth Quarter 2024

Rhea-AI Summary

Linde plc (NASDAQ:LIN) has announced that its Board of Directors declared a quarterly dividend of $1.39 per share. The dividend will be paid on December 17, 2024, to shareholders who are on record as of December 3, 2024.

Positive

• Maintaining consistent quarterly dividend payments of $1.39 per share

Negative

• None.

Insights

Financial Analyst

This quarterly dividend announcement of $1.39 per share maintains Linde's consistent capital return program. The dividend represents an annualized yield of approximately 1.2% based on current share price, aligning with industry standards for large industrial gas companies. The company's stable dividend policy reflects its strong cash flow generation and commitment to shareholder returns. With a payout ratio around 40%, the dividend appears well-covered by earnings, indicating sustainability. The ex-dividend date typically falls one business day before the record date of December 3, so investors should plan accordingly if seeking to qualify for this payment.

WOKING, UK / ACCESSWIRE / October 28, 2024 / Linde plc (NASDAQ:LIN) announced its Board of Directors has declared a quarterly dividend of $1.39 per share.

The dividend is payable on December 17, 2024, to shareholders of record on December 3, 2024.

About Linde

Linde is a leading global industrial gases and engineering company with 2023 sales of $33 billion. We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain, decarbonize and protect our planet.

The company serves a variety of end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde's industrial gases and technologies are used in countless applications including production of clean hydrogen and carbon capture systems critical to the energy transition, life-saving medical oxygen and high-purity & specialty gases for electronics. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

For more information about the company and its products and services, please visit linde.com.

CONTACTS:

Investor Relations
Juan Pelaez
Phone: +1 203 837 2213
Email: juan.pelaez@linde.com

Media Relations
Anna Davies
Phone: +44 1483 244705
Email: anna.davies@linde.com

SOURCE: Linde plc

View the original press release on accesswire.com

FAQ

What is Linde's (LIN) dividend amount for Q4 2024?

Linde's dividend for Q4 2024 is $1.39 per share.

When will Linde (LIN) pay its Q4 2024 dividend?

Linde will pay its Q4 2024 dividend on December 17, 2024.

What is the record date for Linde's (LIN) Q4 2024 dividend?

The record date for Linde's Q4 2024 dividend is December 3, 2024.