Linde plc, a leading global industrial gases and engineering company, has announced a 9% increase in its quarterly dividend. The company’s Board of Directors declared a dividend of $1.39 per share, marking the 31st consecutive year of quarterly dividend increases on the company’s stock. This decision reflects Linde’s commitment to delivering value to its shareholders.
The increased dividend is a testament to Linde’s strong financial performance and its ability to generate consistent growth. With 2023 sales of $33 billion, Linde continues to make strides in its mission of making the world more productive. The company achieves this by providing high-quality solutions, technologies, and services that help its customers succeed while contributing to the sustainability, decarbonization, and protection of the planet.
Linde serves a diverse range of end markets, including chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals, and mining. Its industrial gases and technologies find applications in various industries, 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.
Moreover, Linde is at the forefront of delivering state-of-the-art gas processing solutions that support customer expansion, efficiency improvements, and emissions reductions. The company’s commitment to innovation and technological advancements positions it as a trusted partner for businesses seeking to enhance their operations while minimizing their environmental impact.
The dividend increase not only rewards Linde’s shareholders but also demonstrates the company’s confidence in its future prospects. By consistently delivering value to its investors, Linde reinforces its position as a reliable and attractive investment opportunity.
The dividend of $1.39 per share will be payable on March 28, 2024, to shareholders of record on March 14, 2024. This announcement further solidifies Linde’s commitment to maintaining a strong dividend policy and creating long-term value for its shareholders.
For more information about Linde and its comprehensive range of products and services, please visit www.linde.com.
