WOKING, UK - Linde plc (NASDAQ:NYSE:LIN), a global leader in industrial gases and engineering, has announced a 9% increase in its quarterly dividend. The new dividend of $1.39 per share represents the 31st consecutive year of dividend growth for the company's stockholders.
The increased dividend is set to be distributed on March 28, 2024, to shareholders who are on record as of March 14, 2024. This decision by Linde's Board of Directors underscores the company’s commitment to delivering shareholder value and its confidence in the financial strength of the business.
In 2023, Linde achieved sales of $33 billion, serving a wide range of industries including chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals, and mining. The company has been instrumental in providing solutions that contribute to productivity, decarbonization, and environmental protection.
Linde's portfolio includes the production of clean hydrogen and carbon capture systems, which are vital to the energy transition. Moreover, the company supplies medical oxygen and high-purity & specialty gases for the electronics sector. Linde also offers advanced gas processing solutions that aid in customer expansion, efficiency enhancements, and emission reductions.
The information regarding the dividend increase is based on a press release statement from Linde plc. The company, with its extensive market reach and innovative solutions, continues to play a significant role in supporting various end markets, all while maintaining a steady focus on shareholder returns.
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