Linde plc (NYSE: LIN) Q1 ’23 Dividend Announcement
28 Feb 2023 I Woking, UK
The board of directors of Linde plc (NYSE: LIN) has declared a regular quarterly dividend of $1.275 per common share, an increase of approximately 9% from the previous quarterly dividend of $1.17.
For calendar year 2023, this marks the eleventh dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All eleven changes were increases. The average dividend increase is 6.06% compared with December 31, 2022 indicated levels.
For a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend, please contact your financial advisor.
From the press release: “Linde plc (NYSE: LIN; FWB: LIN) today announced its Board of Directors has declared a 9% increase in the company’s quarterly dividend to $1.275 per share. This marks the 30th consecutive year of quarterly dividend increases on the company’s common stock.
The dividend is payable on March 28, 2023 to shareholders of record on March 14, 2023.”1
About the company: “Linde is a leading global industrial gases and engineering company with 2022 sales of $33 billion. We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain, decarbonize and protect our planet.
The company serves a variety of end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde’s industrial gases and technologies are used in countless applications including production of clean hydrogen and carbon capture systems critical to the energy transition, life-saving medical oxygen and high-purity & specialty gases for electronics. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.
For more information about the company and its products and services, please visit www.linde.com”1
IMPORTANT DISCLOSURES: The securities discussed herein do not represent all of the securities held by the WCA Rising Dividend Portfolio as of the date presented and are subject to change at any time, without notice. A complete list of holdings as of the date noted above will be provided upon request. The above is presented to illustrate the application of the strategy only and not intended as personalized recommendations of any particular security. The securities identified and described above do not represent all of the securities purchased, sold, or recommended for client accounts. You should not assume that an investment in any of the securities identified was or will be profitable. Changes in market conditions or a company’s financial condition may impact the company’s ability to continue to pay dividends. Companies may also choose to discontinue dividend payments. All investments involve risk, including loss of principal, and there is no guarantee that investment objectives will be met. It is important to review your investment objectives, risk tolerance and liquidity needs before choosing an investment style or manager. Equity investments are subject generally to market, market sector, market liquidity, issuer, and investment style risks, among other factors to varying degrees. Fixed Income investments are subject to market, market liquidity, issuer, investment style, interest rate, credit quality, and call risks, among other factors to varying degrees.