Lincoln Electric Board Declares Dividend

Rhea-AI Summary

Lincoln Electric Holdings has announced a quarterly cash dividend of $0.51 per common share, set to be paid on April 15, 2021. Shareholders must be on record by March 31, 2021. The company is a leader in arc welding products, with a significant global presence and 55 manufacturing facilities across 18 countries. Lincoln Electric's extensive distribution network spans over 160 countries.

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• Declared a quarterly cash dividend of $0.51 per share.
• Strong global presence with 55 manufacturing locations.

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• None.

CLEVELAND, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.51 per common share, payable April 15, 2021 to shareholders of record as of March 31, 2021.

Business

Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment and has a leading global position in brazing and soldering alloys.  Headquartered in Cleveland, Ohio, Lincoln has 55 manufacturing locations in 18 countries and a worldwide network of distributors and sales offices covering more than 160 countries.  For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com.

FAQ

What is the dividend amount for LECO in April 2021?

The dividend amount is $0.51 per common share.

When will the LECO dividend be paid?

The dividend will be paid on April 15, 2021.

When is the record date for the LECO dividend?

The record date is March 31, 2021.