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LECO Lincoln Electric Holdings dividend history, payout ratio & dates

Lincoln Electric Holdings's last quarterly dividend was on Mar 27, 2024 (ex-date) with a distribution of $0.71 per share. On an annualized basis, the company has a current payout of $2.7 per share. This brings the dividend yield to 1.18% based on its recent close price.

Key dates

  • LECO last dividend date: Mar 27, 2024
  • LECO next dividend date: Jun 28, 2024
LECO dividend stats
DPS
$2.7
Dividend yield
1.18%
Payout ratio
28.2%
vs. Industrials sector
Dividend yield
1.42%
Payout ratio
30.5%

Dividend yield

What is Lincoln Electric Holdings current dividend yield

LECO has a dividend yield of 1.18% which is lower than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.42%, Lincoln Electric Holdings's dividend yield is 17% lower. The current dividend yield is lower than the historical average of 1.7% of the last 5 years.

Dividend history

What is LECO dividend payout history and dates

Lincoln Electric Holdings has been paying dividends since 1995. LECO has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 13% since one year ago. But with the stock price up by 44% from a year ago, the dividend yield marks a decrease of 22%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 27, 2024 Apr 15, 2024 Feb 20, 2024 $0.71 normal
Dec 28, 2023 Jan 12, 2024 Oct 17, 2023 $0.71 normal
Sep 28, 2023 Oct 13, 2023 Jul 20, 2023 $0.64 normal
Jun 29, 2023 Jul 14, 2023 Apr 18, 2023 $0.64 normal
Mar 30, 2023 Apr 14, 2023 Feb 15, 2023 $0.64 normal
Dec 29, 2022 Jan 13, 2023 Oct 18, 2022 $0.64 normal
Sep 29, 2022 Oct 14, 2022 Jul 20, 2022 $0.56 normal
Jun 29, 2022 Jul 15, 2022 Apr 20, 2022 $0.56 normal
Mar 30, 2022 Apr 15, 2022 Feb 16, 2022 $0.56 normal
Dec 30, 2021 Jan 14, 2022 Oct 19, 2021 $0.56 normal
Sep 29, 2021 Oct 15, 2021 Jul 21, 2021 $0.51 normal
Jun 29, 2021 Jul 15, 2021 Apr 21, 2021 $0.51 normal
Mar 30, 2021 Apr 15, 2021 Feb 17, 2021 $0.51 normal
Sep 29, 2020 Oct 15, 2020 Jul 23, 2020 $0.49 normal
Jun 29, 2020 Jul 15, 2020 Apr 21, 2020 $0.49 normal
Mar 30, 2020 Apr 15, 2020 Feb 19, 2020 $0.49 normal
Dec 30, 2019 Jan 15, 2020 Oct 22, 2019 $0.49 normal
Sep 27, 2019 Oct 15, 2019 Jul 18, 2019 $0.47 normal
Jun 27, 2019 Jul 15, 2019 Apr 23, 2019 $0.47 normal
Mar 28, 2019 Apr 15, 2019 Feb 18, 2019 $0.47 normal
Dec 28, 2018 Jan 15, 2019 Oct 16, 2018 $0.47 normal
Sep 27, 2018 Oct 15, 2018 Jul 19, 2018 $0.39 normal
Jun 28, 2018 Jul 13, 2018 Apr 19, 2018 $0.39 normal
Mar 28, 2018 Apr 13, 2018 Feb 21, 2018 $0.39 normal
Dec 28, 2017 Jan 12, 2018 Oct 17, 2017 $0.39 normal
Sep 28, 2017 Oct 13, 2017 Jul 20, 2017 $0.35 normal
Jun 28, 2017 Jul 14, 2017 Apr 19, 2017 $0.35 normal
Mar 29, 2017 Apr 14, 2017 Feb 22, 2017 $0.35 normal
Dec 28, 2016 Jan 13, 2017 Oct 18, 2016 $0.35 normal
Sep 28, 2016 Oct 14, 2016 Jul 21, 2016 $0.32 normal
Jun 28, 2016 Jul 15, 2016 Apr 20, 2016 $0.32 normal
Mar 29, 2016 Apr 15, 2016 Feb 17, 2016 $0.32 normal

Lincoln Electric Holdings dividend payout ratio

What is Lincoln Electric Holdings dividend payout ratio compared to the sector

Payout ratio

LECO has a payout ratio of 28.4% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 30.5%, Lincoln Electric Holdings's payout ratio is 7% lower.

Total amount of dividends paid per financial year (from cash flow)

LECO dividend vs peer dividends

How does LECO dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SWK Stanley Black & Decker Inc 3.64% $3.23 N/A
HURC Hurco Companies Inc 3.46% $0.64 290.9%
KMT Kennametal Inc 3.37% $0.8 52.3%
ITW Illinois Tool Works Inc 2.22% $5.51 56.4%
LECO Lincoln Electric Holdings Inc 1.18% $2.7 28.2%

Frequently asked questions

Does Lincoln Electric Holdings pay a dividend?

Yes, Lincoln Electric Holdings has been paying dividends for the last 29 years.

When is Lincoln Electric Holdings's next dividend?

LECO's next dividend date is Jun 28, 2024 (ex-date).

When was LECO's last dividend?

Lincoln Electric Holdings's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.71 per share.

How much dividend does Lincoln Electric Holdings pay (per share)?

LECO's annualized dividend per share is $2.7.

What is Lincoln Electric Holdings's dividend yield?

The current dividend yield of Lincoln Electric Holdings is 1.18%.

How often does Lincoln Electric Holdings pay dividends?

Lincoln Electric Holdings pays four dividends per year.

What is Lincoln Electric Holdings's dividend payout ratio?

Lincoln Electric Holdings's dividend payout ratio is 28.4%.

Does Lincoln Electric Holdings pay a good dividend?

Lincoln Electric Holdings's dividend yield is lower than the Industrials sector average.