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Lincoln Electric Board Declares Dividend

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On July 21, 2021, Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced a quarterly cash dividend of $0.51 per common share, payable on October 15, 2021 to shareholders recorded as of September 30, 2021. Known as a leader in arc welding products, Lincoln Electric operates 55 manufacturing sites across 18 countries and serves a global network of markets in over 160 countries. The dividend reflects the company's ongoing commitment to returning value to shareholders.

Positive
  • Quarterly cash dividend of $0.51 per share announced.
  • Dividend payment reflects company confidence in financial stability.
  • Strong global presence with 55 manufacturing locations.
Negative
  • None.

CLEVELAND, July 21, 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 October 15, 2021 to shareholders of record as of September 30, 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 Lincoln Electric in 2021?

Lincoln Electric announced a quarterly cash dividend of $0.51 per common share.

When is the dividend payable for Lincoln Electric's shareholders?

The dividend is payable on October 15, 2021.

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

The record date for shareholders is September 30, 2021.

How often does Lincoln Electric pay dividends?

Lincoln Electric pays dividends quarterly.

Lincoln Electric Holdings Inc

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Tools & Accessories
Metalworkg Machinery & Equipment
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United States of America
CLEVELAND