Lincoln Electric Board Declares Dividend

Rhea-AI Summary

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announces a quarterly cash dividend of $0.64 per common share, payable on October 13, 2023, to shareholders of record as of September 30, 2023. The company is a global leader in 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. With 56 manufacturing locations in 19 countries and a worldwide network of distributors, Lincoln Electric is a key player in the fabrication industry.

CLEVELAND, July 20, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.64 per common share, payable October 13, 2023 to shareholders of record as of September 30, 2023.

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

What is the dividend amount announced by Lincoln Electric Holdings, Inc. (Nasdaq: LECO)?

The company has declared a quarterly cash dividend of $0.64 per common share.

When will the dividend be payable to shareholders of Lincoln Electric Holdings, Inc. (Nasdaq: LECO)?

The dividend will be payable on October 13, 2023, to shareholders of record as of September 30, 2023.

Where is Lincoln Electric Holdings, Inc. (Nasdaq: LECO) headquartered?

Lincoln Electric Holdings, Inc. is headquartered in Cleveland, Ohio.

How many manufacturing locations does Lincoln Electric Holdings, Inc. (Nasdaq: LECO) have?

The company has 56 manufacturing locations in 19 countries.

In how many countries does Lincoln Electric Holdings, Inc. (Nasdaq: LECO) serve customers?

Lincoln Electric Holdings, Inc. serves customers in over 160 countries.