Linde plc dividend history

Linde plc's dividend was $6.00 a share in fiscal 2025, up 7.9% on the year before. That was 40.8% of net income. It has raised its dividend per share every year since fiscal 2016, as far back as our figures go.

Dividends, buybacks and capital spending

FY2026 Q3 TTM

Buybacks (TTM): $4B
Dividends (TTM): $2.9B
Returned to shareholders: 136%; of free cash flow
Buybacks, last 3 fiscal years: $13B
Diluted share count: −2.1%; year over year
Total shareholder yield: 2.9%; dividends 1.2% + buybacks 1.7% of market value
Dividend payout ratio: 42%; of net income paid out
R&D spending: 0.4%; of revenue
Sales & admin spending: 9.8%; of revenue
Days sales outstanding: 56 days; receivables vs revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Linde plc: dividends by fiscal year, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Dividend per share	$3.00	$3.15	$3.30	$3.50	$3.85	$4.24	$4.68	$5.10	$5.56	$6.00	—
Dividend per share growth	—	+5.0%	+4.8%	+6.1%	+10.1%	+10.1%	+10.4%	+9.0%	+9.0%	+7.9%	—
Dividends paid	856	901	1,166	1,891	2,028	2,189	2,344	2,482	2,655	2,811	2,912
Share buybacks	228	12	599	2,658	2,457	4,612	5,168	3,958	4,482	4,601	4,022
Dividends ÷ net income	57.1%	72.3%	26.6%	82.8%	81.1%	57.2%	56.5%	40.0%	40.4%	40.8%	41.6%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

Head to head: LIN vs NUE LIN vs LYB

More: Materials sector, rankings of US companies

Figures from Linde plc's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Linde plc.