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Lincoln Electric (LECO) Dividend Yield, Date & History

Lincoln Electric logo
$189.75 -0.14 (-0.07%)
(As of 12/20/2024 05:16 PM ET)

Lincoln Electric Dividend Summary

Dividend Yield
1.58%
Annual Dividend
$3.00
Next
Dividend Payment
Jan. 15
Dividend Increase
Track Record
30 Years
Annualized 3-Year
Dividend Growth
9.93%
Dividend Payout Ratio
35.80%

Lincoln Electric (LECO) pays an annual dividend of $3.00 per share, with a dividend yield of 1.58%. The next quarterly payment of $0.75 per share is scheduled for Wednesday, January 15, to investors who own the stock before the ex-dividend date of Tuesday, December 31. LECO has grown its dividend for 30 consecutive years, with an average annual increase of 3.21%. The company currently pays out 35.80% of its earnings and 29.80% of its cash flow as dividends.

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LECO Dividend Payments by Quarter

The chart below displays up to four years of Lincoln Electric's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

LECO Dividend Yield Over Time

The chart below tracks Lincoln Electric's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Lincoln Electric vs. The Competition

Compare Lincoln Electric's annual dividend, yield, and 3-year growth rate with averages for Industrial and NASDAQ companies to evaluate its performance against the market.

TypeLincoln ElectricIndustrial CompaniesNASDAQ Companies
Annual Dividend$3.00$0.01$1.31
Dividend Yield1.58%2.08%4.21%
Annualized 3-Year Dividend Growth9.93%11.38%14.22%
Track Record30 years33 years19 years

Lincoln Electric Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings35.80%
Based on This Year's Estimate34.29%
Based on Next Year's Estimate32.33%
Based on Cashflow29.80%

Lincoln Electric Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/17/2024Quarterly$0.75+$0.04
5.63%
1.48%12/31/202412/31/20241/15/2025
7/17/2024Quarterly$0.71 - 1.38%9/30/20249/30/202410/15/2024
4/18/2024Quarterly$0.71 - 1.19%6/28/20246/30/20247/15/2024
4/18/2024Quarterly$0.71 - 1.19%6/28/20246/30/20247/15/2024
2/20/2024Quarterly$0.71 - 1.15%3/27/20243/31/20244/15/2024
10/17/2023Quarterly$0.71+$0.07
10.94%
1.61%12/28/202312/31/20231/12/2024
7/20/2023Quarterly$0.64 - 1.23%9/28/20239/30/202310/13/2023
4/18/2023Quarterly$0.64 - 1.6%6/29/20236/30/20237/14/2023
2/15/2023Quarterly$0.64 - 1.47%3/30/20233/31/20234/14/2023

This table shows Lincoln Electric's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Lincoln Electric Dividend - Frequently Asked Questions

The current dividend yield for Lincoln Electric is 1.58%. Learn more on LECO's dividend yield history.

The annual dividend for LECO shares is $3.00. Learn more on LECO's annual dividend history.

Lincoln Electric pays quarterly dividends to shareholders.

Lincoln Electric's next quarterly dividend payment of $0.75 per share will be made to shareholders on Wednesday, January 15, 2025.

Lincoln Electric's most recent quarterly dividend payment of $0.71 per share was made to shareholders on Tuesday, October 15, 2024.

Lincoln Electric's next ex-dividend date is Tuesday, December 31, 2024.

Lincoln Electric's most recent ex-dividend date was Monday, September 30, 2024.

Over the past three years, the company's dividend has grown by an average of 9.93% per year.

Lincoln Electric has increased its dividend for the past 30 consecutive years.

The most recent change in the company's dividend was an increase of $0.04 on Thursday, October 17, 2024.

The dividend payout ratio for LECO is:
  • 35.80% based on the trailing year of earnings
  • 34.29% based on this year's estimates
  • 32.33% based on next year's estimates
  • 29.80% based on cash flow

Lincoln Electric's dividend yield of 1.40% is lower than the average Industrial Products company that issues a dividend. The company's 30 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Lincoln Electric's dividend payout ratio of 35.80% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Lincoln Electric stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:LECO) was last updated on 12/21/2024 by MarketBeat.com Staff
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