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Stock impact report

Lincoln Electric Announces 5.6% Dividend Increase

Lincoln Electric Holdings, Inc. - Common Shares (LECO) 
Last lincoln electric holdings, inc. - common shares earnings: 4/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.lincolnelectric.com
Company Research Source: Business Wire
29th Consecutive Annual Dividend Increase CLEVELAND--(BUSINESS WIRE)--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved a 5.6% increase in the quarterly cash dividend to $0.75 per share, or $3.00 per share on an annualized basis. The dividend is payable January 15, 2025, to shareholders of record at the close of business on December 31, 2024.“Our dividend increase reflects strong cash flow generation of the business, solid execution of our Higher Standard 2025 Strategy, and confidence in our ability to continue to deliver superior long-term value for our shareholders through the cycle,” stated Steven B. Hedlund, President and Chief Executive Officer.About Lincoln ElectricLincoln 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 solder Show less Read more
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