SmarterDividends

LIN vs MLM: Which Is the Better Dividend Stock?

As of Nov 5, 2026, LIN (Linde plc) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. LIN offers the higher yield at 1.22%, MLM has the higher dividend-safety score, and LIN looks like the better value (its fair-value estimate is 47% below its share price).

Key facts: LIN vs MLM

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Linde plc (LIN) has the higher forward dividend yield at 1.22%, versus 0.60% for Martin Marietta Materials, Inc. (MLM).
  • As of Nov 5, 2026, SmarterDividends grades LIN's dividend safety A (94/100) and MLM's A (97/100).
  • By SmarterDividends' count as of Nov 5, 2026, LIN has raised its dividend for 32 consecutive years and MLM for 10.
  • As of Nov 5, 2026, LIN pays out 42% of its earnings as dividends and MLM pays out 25%.
  • As of Nov 5, 2026, LIN's fair-value estimate is 47% below its share price and MLM's fair-value estimate is 50% below its share price, so LIN looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "LIN vs MLM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/lin-vs-mlm

MetricLINMLM
Forward yield1.22%0.60%
Annual dividend$6.40$3.36
Payout ratio42%25%
Years of growth32 yr10 yr
5-yr dividend growth9.3%7.7%
5-yr total return62%34%
Dividend safety score94 (A)97 (A)
Fair value estimate$278.01$264.76
Upside to fair value-47%-50%
Frequencyquarterlyquarterly
Market cap$241.0B$37.7B
P/E ratio34.939.6

Higher yield

LIN

1.22%

Safer dividend

MLM

Grade A

Faster growth

LIN

9.3%

Better value

LIN

-47% upside

LIN vs MLM — FAQ

Is LIN or MLM a better dividend stock?

On the data, LIN wins more head-to-head categories (6 vs 2). LIN offers the higher yield (1.22%), while MLM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, LIN or MLM?

LIN has the higher forward dividend yield at 1.22%, versus 0.60% for MLM.

Is LIN or MLM safer?

MLM has the higher dividend-safety score (97/100 vs 94/100), reflecting stronger payout coverage and dividend-growth history.

Is LIN or MLM better value right now?

As of Nov 5, 2026, LIN looks like the better value: its fair-value estimate is 47% below its share price (overvalued). For MLM, its fair-value estimate is 50% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.