Linde Declares Dividend Increase for 2021

Rhea-AI Summary

Linde plc has announced a 10% increase in its quarterly dividend, raising it to $1.06 per share. This dividend will be payable on March 22, 2021, to shareholders of record by March 5, 2021. The company's CEO, Steve Angel, emphasized Linde's commitment to increasing dividends annually as part of its capital allocation policy. Linde reported 2019 sales of $28 billion and serves multiple sectors, including healthcare and manufacturing, providing essential industrial gases and solutions.

Positive

• Dividend increase of 10% to $1.06 per share boosts shareholder income.
• Commitment to annual dividend growth reflects strong capital allocation strategy.

Negative

• None.

GUILDFORD, UK / ACCESSWIRE / January 25, 2021 / Linde plc (NYSE:LIN; FWB:LIN) today announced its Board of Directors has declared a 10% increase in the company's quarterly dividend to $1.06 per share. The dividend is payable on March 22, 2021 to shareholders of record on March 5, 2021.

"As an integral part of Linde's capital allocation policy, the company is committed to increasing its dividends annually. As such, we are pleased to raise the dividend again by ten percent," said Chief Executive Officer Steve Angel.

About Linde
Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 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 and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. 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 www.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 source version on accesswire.com:
https://www.accesswire.com/625789/Linde-Declares-Dividend-Increase-for-2021

FAQ

What is the new dividend amount for Linde (LIN)?

Linde has increased its quarterly dividend to $1.06 per share.

When will Linde (LIN) pay the new dividend?

The new dividend will be payable on March 22, 2021.

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

The record date for the dividend payment is March 5, 2021.

How often does Linde (LIN) pay dividends?

Linde pays dividends quarterly and aims to increase them annually.