STOCK TITAN

Lincoln Electric Board Declares Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Lincoln Electric Holdings (Nasdaq: LECO) has declared a quarterly cash dividend of $0.56 per common share, payable on October 14, 2022, to shareholders of record as of September 30, 2022. The company is a global leader in the engineering and manufacturing of advanced arc welding solutions and cutting equipment, with 56 manufacturing locations across 19 countries. Lincoln Electric is recognized for its expertise in materials science and automation engineering, supporting customers in over 160 countries.

Positive
  • Quarterly cash dividend of $0.56 per share enhances shareholder returns.
  • Strong global presence with operations in 19 countries supports growth potential.
Negative
  • None.

CLEVELAND, July 20, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.56 per common share, payable October 14, 2022 to shareholders of record as of September 30, 2022.

Business

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 56 manufacturing locations in 19 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.


FAQ

When is the next dividend payment for Lincoln Electric (LECO)?

The next dividend payment for Lincoln Electric is on October 14, 2022.

What is the dividend amount declared by Lincoln Electric (LECO)?

Lincoln Electric has declared a quarterly cash dividend of $0.56 per common share.

What is the record date for the dividend payout of Lincoln Electric (LECO)?

The record date for the dividend payout is September 30, 2022.

Lincoln Electric Holdings Inc

NASDAQ:LECO

LECO Rankings

LECO Latest News

LECO Stock Data

10.72B
55.45M
1.67%
80.32%
1.47%
Tools & Accessories
Metalworkg Machinery & Equipment
Link
United States of America
CLEVELAND