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Lincoln Electric Announces 5.6% Dividend Increase

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Lincoln Electric Holdings, Inc. (Nasdaq: LECO) has announced a 5.6% increase in its quarterly cash dividend to $0.75 per share, or $3.00 per share annually. This marks the 29th consecutive annual dividend increase for the company. The dividend will be payable on January 15, 2025, to shareholders of record as of December 31, 2024.

Steven B. Hedlund, President and CEO, stated that the dividend increase reflects the company's strong cash flow generation, solid execution of their Higher Standard 2025 Strategy, and confidence in delivering superior long-term value for shareholders. Lincoln Electric is a global leader in arc welding solutions, automated joining, assembly and cutting systems, and plasma and oxy-fuel cutting equipment.

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) ha annunciato un aumento del 5,6% del suo dividendo trimestrale, portandolo a $0,75 per azione, pari a $3,00 per azione su base annuale. Questo segna il 29° aumento annuale consecutivo del dividendo per l'azienda. Il dividendo sarà pagabile il 15 gennaio 2025 agli azionisti registrati al 31 dicembre 2024.

Steven B. Hedlund, Presidente e CEO, ha dichiarato che l'aumento del dividendo riflette la forte generazione di flusso di cassa dell'azienda, una solida esecuzione della loro Strategia Higher Standard 2025, e la fiducia di offrire un valore superiore a lungo termine per gli azionisti. Lincoln Electric è un leader globale nelle soluzioni di saldatura ad arco, sistemi di giunzione automatizzati, assemblaggio e taglio, e attrezzature per il taglio al plasma e ossigeno.

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) ha anunciado un aumento del 5.6% en su dividendo en efectivo trimestral a $0.75 por acción, o $3.00 por acción anualmente. Esto marca el 29º aumento anual consecutivo del dividendo para la empresa. El dividendo se pagará el 15 de enero de 2025 a los accionistas registrados al 31 de diciembre de 2024.

Steven B. Hedlund, Presidente y CEO, dijo que el aumento del dividendo refleja la fuerte generación de flujo de efectivo de la empresa, la sólida ejecución de su Estrategia Higher Standard 2025, y la confianza en proporcionar un valor superior a largo plazo para los accionistas. Lincoln Electric es un líder mundial en soluciones de soldadura por arco, uniones automatizadas, sistemas de ensamblaje y corte, y equipos de corte por plasma y oxígeno.

링컨 전기 홀딩스 주식회사 (Nasdaq: LECO)는 분기 현금 배당금을 5.6% 인상하여 $0.75 주당, 연간 $3.00로 결정했다고 발표했습니다. 이는 회사의 29번째 연속적인 배당금 증가입니다. 배당금은 2025년 1월 15일에 2024년 12월 31일 기준 주주에게 지급될 예정입니다.

스티븐 B. 헤들룬, 사장 겸 CEO는 배당금 인상이 회사의 강력한 현금 흐름 창출, Higher Standard 2025 전략의 성공적인 실행, 그리고 주주를 위한 우수한 장기 가치를 제공할 수 있다는 확신을 반영한다고 말했습니다. 링컨 전기는 아크 용접 솔루션, 자동화된 접합, 조립 및 절단 시스템, 플라즈마 및 산소 절단 장비의 글로벌 리더입니다.

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) a annoncé une augmentation de 5,6% de son dividende trimestriel en espèces, le portant à 0,75 $ par action, soit 3,00 $ par action annuellement. Cela marque la 29e augmentation annuelle consécutive du dividende pour l'entreprise. Le dividende sera payable le 15 janvier 2025 aux actionnaires enregistrés au 31 décembre 2024.

Steven B. Hedlund, Président et CEO, a déclaré que l'augmentation de dividende reflète la forte génération de flux de trésorerie de l'entreprise, l'exécution solide de leur stratégie Higher Standard 2025, et la confiance de fournir une valeur supérieure à long terme pour les actionnaires. Lincoln Electric est un leader mondial dans les solutions de soudage à l'arc, les systèmes de jonction automatisés, d'assemblage et de découpe, ainsi que les équipements de découpe au plasma et oxygène.

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) hat eine 5,6%ige Erhöhung seiner vierteljährlichen Bardividende auf 0,75 $ pro Aktie bzw. 3,00 $ pro Aktie jährlich angekündigt. Dies markiert die 29. jährliche Dividendenerhöhung in Folge für das Unternehmen. Die Dividende wird am 15. Januar 2025 an die Aktionäre, die am 31. Dezember 2024 registriert sind, ausgezahlt.

Steven B. Hedlund, Präsident und CEO, erklärte, dass die Dividendenerhöhung den starken Cashflow des Unternehmens, die solide Umsetzung ihrer Higher Standard 2025-Strategie und das Vertrauen in die Schaffung überlegenen langfristigen Wertes für die Aktionäre widerspiegelt. Lincoln Electric ist ein weltweit führendes Unternehmen in den Bereichen Lichtbogen-Schweißlösungen, automatisiertes Fügen, Montage- und Schneidsysteme sowie Plasma- und Brennschneidausrüstung.

Positive
  • 5.6% increase in quarterly cash dividend to $0.75 per share
  • 29th consecutive annual dividend increase
  • Strong cash flow generation reported
  • Solid execution of Higher Standard 2025 Strategy
Negative
  • None.

29th Consecutive Annual Dividend Increase

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved a 5.6% increase in the quarterly cash dividend to $0.75 per share, or $3.00 per share on an annualized basis. The dividend is payable January 15, 2025, to shareholders of record at the close of business on December 31, 2024.

“Our dividend increase reflects strong cash flow generation of the business, solid execution of our Higher Standard 2025 Strategy, and confidence in our ability to continue to deliver superior long-term value for our shareholders through the cycle,” stated Steven B. Hedlund, President and Chief Executive Officer.

About Lincoln Electric

Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers’ fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln has 71 manufacturing locations in 21 countries and a worldwide network of distributors and sales offices serving customers in over 160 countries. For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com.

Amanda Butler

Vice President, Investor Relations & Communications

Tel: 216.383.2534

Email: Amanda_Butler@lincolnelectric.com

Source: Lincoln Electric Holdings, Inc.

FAQ

What is the new quarterly dividend amount for Lincoln Electric (LECO)?

Lincoln Electric (LECO) has increased its quarterly dividend to $0.75 per share, which amounts to $3.00 per share on an annualized basis.

When will Lincoln Electric (LECO) pay its next dividend?

Lincoln Electric (LECO) will pay its next dividend on January 15, 2025, to shareholders of record as of December 31, 2024.

How many consecutive years has Lincoln Electric (LECO) increased its dividend?

Lincoln Electric (LECO) has increased its dividend for 29 consecutive years, as stated in the press release.

What reasons did Lincoln Electric (LECO) cite for increasing its dividend?

Lincoln Electric (LECO) cited strong cash flow generation, solid execution of its Higher Standard 2025 Strategy, and confidence in delivering long-term shareholder value as reasons for the dividend increase.

Lincoln Electric Holdings Inc

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Tools & Accessories
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