Linde plc, a leading global industrial gases and engineering company, has declared a 9% increase in its quarterly dividend to $1.39 per share. This announcement marks the 31st consecutive year of dividend increases for the company’s stock, demonstrating its commitment to delivering value to its shareholders.
The dividend will be payable on March 28, 2024, to shareholders of record on March 14, 2024. This increase reflects Linde’s strong financial performance and confidence in its future prospects. By consistently raising its dividend, Linde aims to reward its shareholders and provide them with a reliable income stream.
Linde’s success can be attributed to its mission of making the world more productive every day. The company achieves this by offering high-quality solutions, technologies, and services that help its customers succeed while also contributing to the sustainability, decarbonization, and protection of the planet.
With 2023 sales of $33 billion, Linde serves various end markets, including chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals, and mining. Its industrial gases and technologies find applications in numerous sectors, such as the production of clean hydrogen and carbon capture systems crucial to the energy transition, life-saving medical oxygen, and high-purity & specialty gases for electronics.
Linde’s commitment to innovation is evident in its state-of-the-art gas processing solutions, which support customer expansion, efficiency improvements, and emissions reductions. By providing these cutting-edge technologies, Linde enables its customers to enhance their operations while minimizing their environmental impact.
The company’s dedication to sustainability and its ability to adapt to evolving market demands have positioned it as a leader in the industry. Linde’s continued growth and financial strength have allowed it to consistently increase its dividend, providing shareholders with a reliable and attractive return on their investment.
For more information about Linde and its comprehensive range of products and services, please visit their official website at www.linde.com. With its unwavering commitment to customer success, environmental responsibility, and shareholder value, Linde continues to make a positive impact on the global industrial gases and engineering sector.
