Lincoln Electric (LECO) Raises Quarterly Dividend 20.5% to $0.47; 2.2% Yield

Lincoln Electric (NASDAQ: LECO) declared a quarterly dividend of $0.47 per share, or $1.88 annualized. This is a 20.5% increase from the prior dividend of $0.39.

The dividend will be payable on January 15, 2019, to stockholders of record on December 31, 2018, with an ex-dividend date of December 28, 2018.

The annual yield on the dividend is 2.2 percent.

“We are pleased to further increase capital returns to our shareholders while investing in long-term growth and operational excellence,” stated Christopher L. Mapes, Chairman, President and Chief Executive Officer. “The increase reflects the Board’s confidence in our solid cash flow generation through an economic cycle.”

For a dividend history and other dividend-related data on Lincoln Electric (LECO) click here.

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