LIN vs PPG: Which Is the Better Dividend Stock?
As of Oct 28, 2026, LIN (Linde plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PPG offers the higher yield at 2.69%, LIN has the higher dividend-safety score, and PPG looks like the better value (its fair-value estimate is 14% below its share price).
Key facts: LIN vs PPG
Data as of · Source: SmarterDividends data
- As of Oct 28, 2026, PPG Industries, Inc. (PPG) has the higher forward dividend yield at 2.69%, versus 1.26% for Linde plc (LIN).
- As of Oct 28, 2026, SmarterDividends grades LIN's dividend safety A (94/100) and PPG's A (92/100).
- By SmarterDividends' count as of Oct 28, 2026, LIN has raised its dividend for 32 consecutive years and PPG for 42.
- As of Oct 28, 2026, LIN pays out 40% of its earnings as dividends and PPG pays out 41%.
- As of Oct 28, 2026, LIN's fair-value estimate is 45% below its share price and PPG's fair-value estimate is 14% below its share price, so PPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LIN vs PPG: Dividend Yield, Safety & Value Compared," updated Oct 28, 2026, https://smarterdividends.com/compare/lin-vs-ppg
| Metric | LIN | PPG |
|---|---|---|
| Forward yield | 1.26% | 2.69% |
| Annual dividend | $6.40 | $2.96 |
| Payout ratio | 40% | 41% |
| Years of growth | 32 yr | 42 yr |
| 5-yr dividend growth | 9.3% | 5.8% |
| 5-yr total return | 60% | -28% |
| Dividend safety score | 94 (A) | 92 (A) |
| Fair value estimate | $280.60 | $97.54 |
| Upside to fair value | -45% | -14% |
| Frequency | quarterly | quarterly |
| Market cap | $234.5B | $25.2B |
| P/E ratio | 32.8 | 16.3 |
Higher yield
PPG
2.69%
Safer dividend
LIN
Grade A
Faster growth
LIN
9.3%
Better value
PPG
-14% upside
LIN vs PPG — FAQ
Is LIN or PPG a better dividend stock?
On the data, LIN wins more head-to-head categories (5 vs 3). PPG offers the higher yield (2.69%), while LIN 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 PPG?
PPG has the higher forward dividend yield at 2.69%, versus 1.26% for LIN.
Is LIN or PPG safer?
LIN has the higher dividend-safety score (94/100 vs 92/100), reflecting stronger payout coverage and dividend-growth history.
Is LIN or PPG better value right now?
As of Oct 28, 2026, PPG looks like the better value: its fair-value estimate is 14% below its share price (fairly valued). For LIN, its fair-value estimate is 45% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.