Linde PLC (LIN) will hike its quarterly dividend from $1.06 to $1.17 per share in 2022. The Dividend Aristocrat yields 1.4% at a stock price of $344.

Linde plc, formerly Praxair, Inc., is an industrial gases and engineering company. The company serves a variety of end markets including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions. In 2018 Germany's Linde merged with Praxair, forming the new Linde plc.