Lincoln Electric (NASDAQ: LECO) declared a quarterly dividend of $0.29 per share, or $1.16 annualized. This is a 26.1% increase from the prior dividend of $0.23.

The dividend will be payable on January 15, 2015, to stockholders of record on December 31, 2014, with an ex-dividend date of December 29, 2014.

The annual yield on the dividend is 1.7 percent.

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