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Linde (LIN) 3-Year Dividend Growth Rate : 9.80% (As of Jun. 2024)


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What is Linde 3-Year Dividend Growth Rate?

Linde's Dividends per Share for the three months ended in Jun. 2024 was $1.39.

The historical rank and industry rank for Linde's 3-Year Dividend Growth Rate or its related term are showing as below:

LIN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.9   Med: 10.8   Max: 47
Current: 9.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Linde was 47.00% per year. The lowest was 4.90% per year. And the median was 10.80% per year.

LIN's 3-Year Dividend Growth Rate is ranked worse than
53.95% of 645 companies
in the Chemicals industry
Industry Median: 11.6 vs LIN: 9.80

During the past 12 months, Linde's average Dividends Per Share Growth Rate was 9.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Linde's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.36. As of today, Linde's Dividend Yield % is 1.21%.

Warning Sign:

Linde PLC stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Linde's 3-Year Dividend Growth Rate

For the Specialty Chemicals subindustry, Linde's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Linde's 3-Year Dividend Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Linde's 3-Year Dividend Growth Rate falls into.



Linde 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Linde  (NAS:LIN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Linde's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=1.39/ 3.85
=0.36

During the past 13 years, the highest Dividend Payout Ratio of Linde was 0.55. The lowest was 0.36. And the median was 0.47.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Linde Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3900002024-09-042024-09-042024-09-18Cash DividendquarterlyUSD:USD 1.000000
USD 1.3900002024-06-042024-06-042024-06-18Cash DividendquarterlyUSD:USD 1.000000
USD 1.3900002024-03-132024-03-142024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 1.2750002023-12-012023-12-042023-12-18Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Linde's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.445/456.15
=1.19 %

Current Share Price is $456.15.
Linde's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.445.

During the past 13 years, the highest Dividend Yield of Linde was 2.94%. The lowest was 1.09%. And the median was 1.77%.

Warning Sign:

Linde PLC stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Linde 3-Year Dividend Growth Rate Related Terms>


Linde Business Description

Industry
Address
10 Riverview Drive, Danbury, CT, USA, 06810
Linde PLC is the industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue in 2023.
Executives
John Panikar officer: Executive VP, APAC 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Oliver Pfann officer: Senior Vice President, EMEA FORGE, 43 CHURCH STREET WEST, WOKING SURREY X0 GU216HT
Sean Durbin officer: Executive VP, EMEA C/O LINDE PLC, THE PRIESTLEY CENTRE 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 XY7
Guillermo Bichara officer: Senior VP& Chief Legal Officer 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
David P Strauss officer: Senior VP & Chief HR Officer 10 RIVERVIEW DRIVE, DANBURY CT 06810
Sanjiv Lamba officer: Chief Operating Officer THE PRIESTLEY CENTRE, 10 PRIESTLEY RD, SURREY RESEARCH PARK, GUILDFORD, SURREY X0 GU2 7XY
Juergen Nowicki officer: Executive VP, Engineering C/O LINDE PLC, THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 7XY
Matthew J White officer: Chief Financial Officer C/O PRAXAIR, INC., 39 OLD RIDGEBURY ROAD, DANBURY CT 12533
Stephen F Angel director, officer: Chief Executive Officer 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Hugh Grant director C/O PPG INDUSTRIES, INC., 1 PPG PLACE, PITTSBURGH PA 15272
Kelcey E Hoyt officer: Principal Accounting Officer 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Andreas Opfermann officer: Executive VP, Americas C/O LINDE, THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 7XY
Mr. Franz Fehrenbach Director
Franz Fehrenbach director THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, THE SURREY RESEARCH PARK, GUILDFORD, SURREY X0 GU2 7XY
Alberto Weisser director