Linde India Limited primarily operates as an industrial gases company in India. The company operates in two segments, Gases and Related Products, and Project Engineering. The Gases and Related Products segment primarily produces and sells oxygen, nitrogen, and argon gases. This segment engages in provision of pipeline gas supply to steel, glass, and chemical industries; liquefied gases through cryogenic tankers to various industrial sectors; and compressed gas in cylinders to fabrication, manufacturing, and construction industries. It also offers gases, such as medical oxygen, synthetic air, and nitrous oxide for pharmaceutical use, as well as medical gas distribution systems to hospitals. The Project Engineering segment is involved in the design and engineering, supply, installation, testing, and commissioning of air separation plants and related projects on turnkey basis. This segment also manufactures distillation columns for air separation plants, cryogenic liquid storage tanks, ambient and steam bath vaporizers, process vessels, LINIT plants, small sized cold boxes, and containerized micro plants for cylinder filling for in-house use, as well as for sale to third party customers. In addition, it supplies range of gases and mixtures; and provides related services, including the construction and installation of plants, equipment, pipelines, and associated engineering services to various industries. The company was formerly known as BOC India Limited and changed its name to Linde India Limited in February 2013. The company was incorporated in 1935 and is headquartered in Kolkata, India. Linde India Limited operates as a subsidiary of The BOC Group Limited.
Linde India Dividend Announcement
• Linde India announced a annually dividend of ₹8.00 per ordinary share which will be made payable on 2024-09-11. Ex dividend date: 2024-08-05
• Linde India annual dividend for 2024 was ₹8.00
• Linde India annual dividend for 2023 was ₹4.50
• Linde India's trailing twelve-month (TTM) dividend yield is 0.12%
• Linde India's dividend growth over the last five years (2018-2023) was 35.10% year
• Linde India's dividend growth over the last ten years (2013-2023) was 11.61% year
Linde India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-05 | ₹8.00 | annually | 2024-09-11 |
2023-08-10 | ₹4.50 | annually | 2023-09-16 |
2022-06-01 | ₹3.50 | annually | 2022-07-23 |
2021-06-16 | ₹3.00 | annually | 2021-07-24 |
2020-09-10 | ₹2.50 | annually | 2020-10-18 |
2019-05-08 | ₹1.50 | annually | 2019-06-15 |
2018-04-06 | ₹1.00 | annually | 2018-05-16 |
2017-04-07 | ₹0.75 | annually | 2017-05-18 |
2016-05-06 | ₹0.75 | annually | |
2015-04-30 | ₹1.50 | annually | 2015-06-14 |
2014-05-12 | ₹1.50 | annually | 2014-06-23 |
2013-05-06 | ₹1.50 | annually | 2013-06-16 |
Linde India Dividend per year
Linde India Dividend growth
Linde India Dividend Yield
Linde India current trailing twelve-month (TTM) dividend yield is 0.12%. Interested in purchasing Linde India stock? Use our calculator to estimate your expected dividend yield:
Linde India Financial Ratios
Linde India Dividend FAQ
Other factors to consider when evaluating Linde India as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Linde India's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Linde India publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Linde India distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Linde India are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Linde India sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Linde India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Linde India declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Linde India's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Linde India's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.