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. This dividend will be payable on July 15, 2022, to shareholders of record as of June 30, 2022. As a leading global provider of welding and cutting solutions, Lincoln Electric operates 56 manufacturing locations across 19 countries, serving customers in over 160 countries.

Positive
  • Quarterly cash dividend of $0.56 per share announced, indicating strong cash flow and commitment to returning value to shareholders.
  • Company maintains a leading global position in advanced welding solutions.
Negative
  • None.

CLEVELAND, April 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 July 15, 2022 to shareholders of record as of June 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 material 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

What is the dividend amount declared by Lincoln Electric in April 2022?

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

When will the dividend be paid to shareholders of Lincoln Electric?

The dividend will be paid on July 15, 2022.

What is the record date for Lincoln Electric's dividend payment?

The record date for the dividend payment is June 30, 2022.

How does Lincoln Electric rank in the welding industry?

Lincoln Electric is recognized as a world leader in advanced arc welding solutions.

Lincoln Electric Holdings Inc

NASDAQ:LECO

LECO Rankings

LECO Latest News

LECO Stock Data

11.95B
55.45M
1.67%
80.14%
1.78%
Tools & Accessories
Metalworkg Machinery & Equipment
Link
United States of America
CLEVELAND