ESAB Corporation Board Declares Dividend

Rhea-AI Summary

ESAB Corporation (NYSE: ESAB) has declared a quarterly cash dividend of $0.05 per share, payable on April 14, 2023. Shareholders of record by March 31, 2023 will receive this dividend. Founded in 1904, ESAB is a leader in connected fabrication technology and gas control solutions, operating globally with approximately 9,000 associates in about 150 countries. The company emphasizes innovation and aims to shape the future through its business system, EBX.

Positive

• Declared quarterly cash dividend of $0.05 per share.
• Demonstrates commitment to returning value to shareholders.

Negative

• None.

NORTH BETHESDA, Md.--(BUSINESS WIRE)-- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a world leader in connected fabrication technology and gas control solutions, announced today that its Board of Directors has declared a quarterly cash dividend of $0.05 per share of the Company’s common stock. The dividend is payable on April 14, 2023 to shareholders of record as of March 31, 2023.

About ESAB Corporation

Founded in 1904, ESAB Corporation (NYSE: ESAB) is a world leader in connected fabrication technology and gas control solutions. Our rich history of innovative products and workflow solutions and our business system (EBX) allow us to realize our purpose of Shaping the world we imagine. ESAB Corporation is based in North Bethesda, Maryland and employs approximately 9,000 associates and serves customers in approximately 150 countries. To learn more, visit www.ESABcorporation.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230301005951/en/

Investor Relations Contact:

Mark Barbalato

Vice President, Investor Relations

E-mail: investorrelations@esab.com

Phone: 1-301-323-9098

Media Contact:

Tilea Coleman

Vice President, Corporate Communications

E-mail: mediarelations@esab.com

Phone: 1-301-323-9092

Source: ESAB Corporation

FAQ

What is the dividend amount declared by ESAB Corporation?

ESAB Corporation has declared a quarterly cash dividend of $0.05 per share.

When will the dividend for ESAB Corporation be paid?

The dividend will be payable on April 14, 2023.

Who are the shareholders eligible for the ESAB dividend?

Shareholders of record as of March 31, 2023, are eligible for the dividend.