By Kathryn Hardison

 

Linde PLC's board of directors has raised its quarterly dividend to $1.275 per share from $1.17 per share.

The new dividend, which represents a 9% increase, is payable on March 28 to shareholders of record on March 14, the industrial gases and engineering company said Tuesday.

The new payout, equal to $5.10 a year, represents an annual yield of roughly 1.5% based on Monday's closing price of $344.48.

 

Write to Kathryn Hardison at kathryn.hardison@wsj.com

 

(END) Dow Jones Newswires

February 28, 2023 12:38 ET (17:38 GMT)

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