10 Undervalued Dividend Aristocrats To Buy According to Analysts

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5. Linde plc (NASDAQ:LIN)

Average Analyst Rating Score: 2
P/E Ratio as of March 16: 34.8

Linde plc (NASDAQ:LIN) is a multinational industrial gases and engineering company. Its products and services are vital to sectors such as manufacturing, healthcare, energy, and environmental protection. The company’s quarterly dividend comes in at $1.39 per share, having raised it by 9% in February this year. This was the company’s 29th consecutive year of dividend growth, which makes LIN one of the best dividend aristocrat stocks on our list. The stock has a dividend yield of 1.19%, as of March 16.

As per Insider Monkey’s database of Q4 2023, 74 hedge funds held stakes in Linde plc (NASDAQ:LIN), up from 71 in the preceding quarter. These stakes are collectively valued at nearly $4 billion.

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