ESAB Corporation Board Declares Dividend

Rhea-AI Summary

ESAB Corporation (NYSE: ESAB) has declared a quarterly cash dividend of $0.05 per share for its common stock. This dividend is scheduled for payment on January 13, 2023 to shareholders recorded as of December 30, 2022. The company is recognized as a leader in fabrication and gas control technology, providing advanced equipment and digital solutions that contribute significantly to various sectors.

Positive

• Declared a quarterly dividend of $0.05 per share.
• Dividend payment reflects the company's 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 fabrication and gas control technology, 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 January 13, 2023 to shareholders of record as of December 30, 2022.

About ESAB Corporation

ESAB Corporation (NYSE: ESAB) is a world leader in fabrication and gas control technology, providing our partners with advanced equipment, consumables, gas control equipment, robotics, and digital solutions which enable the everyday and extraordinary work that shapes our world. To learn more, visit www.ESABcorporation.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221213006015/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 is the dividend payable to shareholders?

The dividend is payable on January 13, 2023.

What is the record date for the ESAB dividend?

The record date for the dividend is December 30, 2022.

Is the dividend from ESAB Corporation sustainable?

The announcement of a dividend indicates confidence in the company's financial health, though sustainability can vary based on future earnings.