A global leader in industrial gases and engineering, has announced an 8% increase in its quarterly dividend to $1.50 per share.
The Board of Directors confirmed the increase today, continuing a 33-year tradition of consistent quarterly dividend growth.
With a current dividend yield of 1.21% and an annual dividend of USD 5.56 per share, Linde is consolidating its position as a reliable dividend payer.
Shareholders entered in the share register on 13.03.2025 will receive the dividend on 27.03.2025.
This announcement underscores Linde's commitment to shareholder returns and financial stability.
With revenues of USD 33 billion in 2024 and an impressive EBITDA of USD 12.75 billion, the company demonstrates robust financial health. A gross margin of 48.06% and strong cash flows, easily cover interest payments
Linde has a strong presence in diverse industries, including chemicals and energy, food and beverage, electronics, healthcare, manufacturing, and metals and mining.
Linde's portfolio of products and services is essential for many applications that contribute to a more productive world. These include the production of clean hydrogen and carbon capture systems - key technologies for the energy transition - as well as medical oxygen and specialty gases for the electronics industry.
The company also offers advanced gas processing solutions that drive customer growth, increase operational efficiency and reduce emissions.
The dividend increase is based on a press release and reflects Linde's financial performance and strategic initiatives to strengthen and expand its market position. While the continued dividend growth is noteworthy, investors should consider it as one of many factors when evaluating Linde's financial health and future prospects.
Linde's commitment to innovation and sustainability, particularly in the areas of decarbonization and environmental protection, is in line with current global trends towards clean energy and responsible corporate governance.
The company's ability to adapt and provide high-quality solutions for different sectors consolidates its position as a key player in the industrial gases market. According to InvestingPro data, the company has a moderate debt level with a debt-to-equity ratio of 0.57. Analysts have set price targets between USD 381 and USD 540, underlining the confidence in Linde's business model.