Lincoln Electric Board Declares Dividend

Rhea-AI Summary

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) has announced a quarterly cash dividend of $0.71 per common share. The dividend is payable on October 15, 2024, to shareholders of record as of September 30, 2024. Lincoln Electric is a global leader in arc welding solutions, automated joining, assembly and cutting systems, and plasma and oxy-fuel cutting equipment. The company operates 71 manufacturing and automation system integration locations across 21 countries and serves customers in over 160 countries worldwide.

Positive

• Consistent dividend payment indicates financial stability
• Global leadership in welding and cutting solutions
• Extensive international presence with 71 manufacturing locations in 21 countries
• Wide customer base across 160+ countries

Negative

• None.

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable October 15, 2024, to shareholders of record as of September 30, 2024.

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 operates 71 manufacturing and automation system integration locations across 21 countries and maintains 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240717424292/en/

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 amount of Lincoln Electric's (LECO) quarterly dividend for 2024?

Lincoln Electric (LECO) has declared a quarterly cash dividend of $0.71 per common share for 2024.

When is the payment date for Lincoln Electric's (LECO) latest dividend?

The dividend is payable on October 15, 2024.

What is the record date for Lincoln Electric's (LECO) upcoming dividend?

The record date for shareholders to be eligible for the dividend is September 30, 2024.

How many manufacturing locations does Lincoln Electric (LECO) operate globally?

Lincoln Electric operates 71 manufacturing and automation system integration locations across 21 countries.