Linde is a Great Dividend Aristocrat

PUBLISHED Sep 18, 2024, 2:08:21 AM        SHARE

img
imgKiplinger Tracking Material Stocks

Linde plc (LIN) is a compelling buy for investors seeking a blend of growth and stability. As a leading industrial gas company, Linde is classified as a growth stock with a robust dividend growth track record. The company has consistently increased its dividend for over 25 years, showcasing its commitment to returning value to shareholders. Linde’s innovative technologies, such as advancements in cryogenics, play a crucial role in industries like healthcare, food preservation, and space exploration, giving it a competitive edge. Additionally, strategic acquisitions, including the 2018 merger with Praxair, have solidified its market position and expanded its global footprint. Linde’s future earnings and sales outlook is promising. Analysts project double-digit EPS growth driven by robust price/volume dynamics, efficiency gains, and new projects.

LIN Financials

The company’s EBITDA margins continue to improve, reflecting operational efficiency and strong market demand. With a forward PE ratio of 29.39, Linde is positioned for sustained growth. The company’s extensive global presence in over 100 countries allows it to capitalize on diverse market opportunities and mitigate regional economic risks.

In terms of debt, Linde maintains a healthy financial position with a debt-to-equity ratio of 0.54. The company’s interest coverage ratio of 16.35 indicates its ability to comfortably meet interest obligations. Linde’s strategic investments and acquisitions have been financed prudently, ensuring a balanced approach to growth and financial stability. Over the next two years, Linde is expected to continue its trajectory of growth, supported by its innovative technologies and expanding market presence.

Linde operates in the industrial gases sector, providing essential gases and services to various industries, including healthcare, manufacturing, and energy. The company’s expertise in cryogenics and other advanced technologies enables it to offer solutions that enhance efficiency and sustainability for its clients. Linde’s largest markets include North America, Europe, and Asia, where it serves a diverse customer base with tailored solutions.

Compared to its competitors, Linde stands out due to its scale, technological innovation, and strategic acquisitions. While companies like Air Liquide and Air Products and Chemicals also operate in the industrial gases sector, Linde’s merger with Praxair has created the world’s largest industrial gas company, providing it with unmatched market reach and product offerings. Linde’s focus on sustainability and innovation further differentiates it from its peers, positioning it as a leader in the industry.

Final Thoughts

Linde plc (LIN) is a strong buy for investors looking for a growth stock with a solid dividend track record. The company’s innovative technologies, strategic acquisitions, and global presence provide a robust foundation for future growth. With a healthy financial position and promising earnings outlook, Linde is well-positioned to capitalize on market opportunities and deliver value to shareholders. As the world’s largest industrial gas company, Linde’s competitive advantages make it a standout choice in the materials sector.

LIN, Buy

Linde Plc.
Return: -9.97%

LIN, Buy

Return: -9.97%


Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
Why Vulcan Materials (VMC) is a Buy
Image

Vulcan Materials Company (VMC) stands out as a compelling investment opportunity for several reasons. As the largest producer of construction aggregates in the United States, Vulcan Materials holds a dominant position in the market, providing a stable revenue stream and significant competitive advantage.

What is O-I Glass?
Image

O-I Glass is at the forefront of innovation in the glass industry, with proprietary technologies such as the MAGMA (Modular Advanced Glass Manufacturing Asset) technology

Why Martin Marietta Materials is a Buy
Image

Martin Marietta Materials operates in 26 states across the U.S., as well as in Canada and the Caribbean. This extensive geographic reach helps the company mitigate regional economic fluctuations and capitalize on diverse market opportunities.

Why is Corteva a Buy? A Comprehensive Study
Image

Corteva (CTVA) is a buy for investors seeking a growth stock with a strong market presence and innovative product portfolio. The company’s robust financial performance, strategic distribution strategy, and commitment to research and development position it well for future growth.

Is Avery Dennison Corp a Buy?
Image

When compared to its competitors, Avery Dennison stands out due to its strong focus on innovation and sustainability. While companies like 3M and Zebra Technologies also offer labeling and identification solutions, Avery Dennison’s leadership in RFID technology and its commitment to sustainability give it a competitive edge.

APD is a dividend stock with a robust history of over 40 consecutive years of dividend growth.
Image

Air Products & Chemicals Inc (APD) is a strong buy due to its consistent dividend growth, strategic investments in hydrogen, and robust market position. The company’s extensive pipeline network and focus on sustainable energy projects set it apart from competitors.

Ecolab - Scientific Clean
Image

Ecolab Inc. (ECL) is a buy for investors seeking a stable dividend stock with growth potential. The company’s strong financial performance, manageable debt levels, and strategic market positioning make it a reliable investment.

Freeport-McMoRan Inc. (FCX) is a leading international mining company focused on copper, gold, and molybdenum production.
Image

Freeport-McMoRan operates large, geographically diverse mining assets, including the Grasberg mine in Indonesia, one of the world’s largest copper and gold deposits.

Why Glencore PLC (GLNCY) is a Buy
Image

Glencore PLC (GLNCY) presents a compelling investment opportunity for those seeking a value stock with a strong dividend yield.

Sherwin-Williams is a leading player in the paint and coatings industry
Image

Founded in 1866, Sherwin-Williams is a global leader in the paint and coatings industry. The company operates in over 120 countries, with its largest markets being North America and Europe.

Southern Copper - an Opportunity as Copper Demand Rises
Image

As global demand for copper continues to rise, SCCO is well-positioned to capitalize on this trend, providing shareholders with both income and capital appreciation opportunities.

Air Liquide is the second largest global producer of industrial gases by market cap
Image

Air Liquide’s strong market position, consistent dividend payouts, and growth potential make it an attractive investment.

Why Rio Tinto is a Buy
Image

Rio Tinto PLC (RIO) offers a unique blend of high dividend yield, value pricing, and growth potential.

BHP Group is a Compelling Buy for Investors
Image

BHP Group stands out as a strong buy for investors seeking a reliable dividend stock with solid value characteristics. The company’s diversified operations, robust financial health, and strategic growth initiatives position it well for continued success.

Linde is a Buy
Image

Linde is a strong stock pick due to its consistent financial performance and market leadership. The company has a high return on capital and a disciplined approach to capital allocation, which has resulted in solid financial results. As a leader in the industrial gases sector, Linde serves a diversified customer base across industries like healthcare, manufacturing, and energy.

Back On Top, but . . .
Image

stock market commentary

Who is Bigger AT&T or Verizon?
Image

While Verizon holds a slight edge over AT&T in terms of customer base and revenue, the competition remains fierce. T-Mobile has emerged as a formidable contender, surpassing both in subscriber count.

What is the Telecom Sector?
Image

The telecommunications industry encompasses companies that make communication possible on a global scale, whether through phone, internet, airwaves, cables, or wires. This sector includes a wide range of businesses, from traditional telephone companies to mobile network operators, internet service providers, and satellite communication firms. The telecom industry is the backbone of modern communication, enabling the exchange of information across vast distances and playing a crucial role in the functioning of economies and societies worldwide.

What are the best 5G tech stock?
Image

Across the 5G landscape, key companies are dominating portions of the 5G implementation. Network operators like T-Mobile US, Verizon Communications, AT&T, and Dish Networks are expanding 5G broadband services to residences while technology and network equipment providers such as Ericsson, and Samsung are at the forefront of telecommunications solutions.

What is the future of the Telecom Industry?
Image

The telecom industry is undergoing significant transformations driven by technological innovations. The shift from 3G to 5G exemplifies the rapid pace of change, enabling faster data speeds, lower latency, and enhanced connectivity.

Resources for Publishers
Resources for New Investors
Boosted with BossCoin
Financial Literacy Leaders
user_profile
Wise Intelligent
user_profile
Tom Hamilton
user_profile
Mark Robertson
user_profile
Kevin Matthews II
user_profile
Akeiva Ellis
user_profile
Brendan Dale
user_profile
Kenneth Chavis IV
user_profile
Sharita Humphrey