Linde's most recent quarterly dividend payment of $1.275 per share was made to shareholders on record before Sep 1, 2023. The payout stands at $5 per share annually, which works out to a dividend yield of 1.34%.
Linde's dividend yield of 1.34% is lower than the Basic Materials sector and the industry average. In comparison with the Basic Materials sector average of 1.99%, Linde's dividend yield is 33% lower. Historically LIN's dividend yield has averaged at 1.5% in the last 5 years, which is higher than the current one.
Linde has been paying dividends for the last five years. According to our data LIN has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 9% for the last year. However since the stock price has gone up by 38% from a year ago, the dividend yield has decreased by 21%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 1, 2023 | Sep 19, 2023 | Jul 24, 2023 | $1.275 | normal |
| Jun 1, 2023 | Jun 16, 2023 | Apr 24, 2023 | $1.275 | normal |
| Mar 13, 2023 | Mar 28, 2023 | Feb 28, 2023 | $1.275 | normal |
| Dec 1, 2022 | Dec 16, 2022 | Oct 24, 2022 | $1.17 | normal |
| Sep 1, 2022 | Sep 16, 2022 | Jul 25, 2022 | $1.17 | normal |
| Jun 2, 2022 | Jun 17, 2022 | $1.17 | normal | |
| Mar 10, 2022 | Mar 25, 2022 | Feb 28, 2022 | $1.17 | normal |
| Dec 2, 2021 | Dec 17, 2021 | Oct 25, 2021 | $1.06 | normal |
| Sep 2, 2021 | Sep 17, 2021 | $1.06 | normal | |
| Jun 2, 2021 | Jun 17, 2021 | Apr 26, 2021 | $1.06 | normal |
| Mar 4, 2021 | Mar 22, 2021 | Jan 25, 2021 | $1.06 | normal |
| Dec 2, 2020 | Dec 17, 2020 | Oct 26, 2020 | $0.963 | normal |
| Sep 2, 2020 | Sep 18, 2020 | Jul 27, 2020 | $0.963 | normal |
| Jun 2, 2020 | Jun 17, 2020 | Apr 27, 2020 | $0.963 | normal |
| Mar 5, 2020 | Mar 20, 2020 | Feb 24, 2020 | $0.963 | normal |
| Dec 2, 2019 | Dec 17, 2019 | Oct 24, 2019 | $0.875 | normal |
| Aug 30, 2019 | Sep 17, 2019 | Jul 26, 2019 | $0.875 | normal |
| May 31, 2019 | Jun 17, 2019 | Apr 30, 2019 | $0.875 | normal |
| Mar 7, 2019 | Mar 22, 2019 | Feb 26, 2019 | $0.875 | normal |
| Dec 17, 2018 | Dec 27, 2018 | Dec 10, 2018 | $0.825 | normal |
Linde's payout ratio of 43.2% is above the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 28%, Linde's payout ratio is 54% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBGI Sinclair Broadcast Group Inc | 8.91% | $1 | 39.4% |
| EVC Entravision Communications Corp | 4.79% | $0.18 | 194.4% |
| NXST Nexstar Media Group Inc | 3.45% | $4.95 | 26.6% |
| LIN Linde Plc | 1.34% | $5 | 43.2% |
Yes, Linde has been paying dividends for the last five years.
LIN hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in December 2023.
Linde's last regular dividend was on Sep 1, 2023 (ex-date) with the amount of $1.275 per share.
LIN has paid dividend of $5 per share in the last year.
Currently Linde's dividend yield is 1.34%.
Linde pays dividends quarterly.
The dividend payout ratio of Linde is 43.2%.
Linde's dividend yield is lower than the Basic Materials sector average.