APD vs LIN: Which Is the Better Dividend Stock?
As of Nov 5, 2026, APD and LIN are closely matched. APD offers the higher yield at 2.27%, LIN has the higher dividend-safety score, and APD looks like the better value (its fair-value estimate is 40% below its share price).
Key facts: APD vs LIN
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Air Products and Chemicals, Inc. (APD) has the higher forward dividend yield at 2.27%, versus 1.22% for Linde plc (LIN).
- As of Nov 5, 2026, SmarterDividends grades APD's dividend safety A (90/100) and LIN's A (94/100).
- By SmarterDividends' count as of Nov 5, 2026, APD has raised its dividend for 42 consecutive years and LIN for 32.
- As of Nov 5, 2026, APD pays out 76% of its earnings as dividends and LIN pays out 42%.
- As of Nov 5, 2026, APD's fair-value estimate is 40% below its share price and LIN's fair-value estimate is 47% below its share price, so APD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "APD vs LIN: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/apd-vs-lin
| Metric | APD | LIN |
|---|---|---|
| Forward yield | 2.27% | 1.22% |
| Annual dividend | $7.24 | $6.40 |
| Payout ratio | 76% | 42% |
| Years of growth | 42 yr | 32 yr |
| 5-yr dividend growth | 5.9% | 9.3% |
| 5-yr total return | 10% | 62% |
| Dividend safety score | 90 (A) | 94 (A) |
| Fair value estimate | $185.76 | $278.01 |
| Upside to fair value | -40% | -47% |
| Frequency | quarterly | quarterly |
| Market cap | $69.4B | $241.0B |
| P/E ratio | — | 34.9 |
Higher yield
APD
2.27%
Safer dividend
LIN
Grade A
Faster growth
LIN
9.3%
Better value
APD
-40% upside
APD vs LIN — FAQ
Is APD or LIN a better dividend stock?
APD and LIN are closely matched. APD has the higher yield; LIN scores better on safety.
Which has a higher dividend yield, APD or LIN?
APD has the higher forward dividend yield at 2.27%, versus 1.22% for LIN.
Is APD or LIN safer?
LIN has the higher dividend-safety score (94/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.
Is APD or LIN better value right now?
As of Nov 5, 2026, APD looks like the better value: its fair-value estimate is 40% below its share price (overvalued). For LIN, its fair-value estimate is 47% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.