13 Best Materials Dividend Stocks to Buy Right Now

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2. Linde plc (NASDAQ:LIN)

Number of Hedge Fund Holders: 75

Linde plc (NASDAQ:LIN) holds the position as the leading industrial gas company globally, providing a wide variety of gases used across multiple industries. Its main operations center around atmospheric gases like oxygen and nitrogen, along with process gases such as carbon dioxide and hydrogen. The stock has surged by over 3% since the start of 2025.

In recent years, Linde plc (NASDAQ:LIN) has placed greater emphasis on clean energy initiatives and securing long-term contracts with clients. It has also advanced its technological capabilities, particularly in hydrogen technologies and specialized gas processing methods. The company’s broad global presence and exclusive technologies have played a significant role in driving its continued growth.

On July 29, Linde plc (NASDAQ:LIN) declared a quarterly dividend of $1.50 per share, which was in line with its previous dividend. The company has overall raised its payouts for 32 consecutive years. As of July 29, the stock supports a dividend yield of 1.29%.

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