Lincoln Electric Holdings's last quarterly dividend was on Dec 29, 2022 (ex-date) with a distribution of $0.64 per share. On an annualized basis, the company has a current payout of $2.32 per share. This brings the dividend yield to 1.34% based on its recent close price. The latest dividend has grown by $0.08, or 14% from the previous dividend.
LECO has a dividend yield of 1.34% which is lower than the Industrials sector, the industry and its peers average. But in comparison with the Industrials sector average of 1.4%, Lincoln Electric Holdings's dividend yield is only 4.3% lower. The current dividend yield is lower than the historical average of 1.9% of the last 5 years.
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 11% since one year ago. But with the stock price up by 37% from a year ago, the dividend yield marks a decrease of 19%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
LECO has a payout ratio of 30.9% which is higher than the Industrials sector average but lower than the industry and its peers average. In comparison with the Industrials sector average of 27.3%, Lincoln Electric Holdings's payout ratio is 13% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SWK Stanley Black & Decker Inc | 3.52% | $3.18 | 33% |
| KMT Kennametal Inc | 2.75% | $0.8 | 48.2% |
| HURC Hurco Companies Inc | 2.12% | $0.6 | 48.4% |
| ITW Illinois Tool Works Inc | 2.11% | $5.06 | 57.6% |
| LECO Lincoln Electric Holdings Inc | 1.34% | $2.32 | 30.9% |
Yes, Lincoln Electric Holdings has been paying dividends for the last 27 years.
LECO hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in March 2023.
Lincoln Electric Holdings's last regular dividend was on Dec 29, 2022 (ex-date) with the amount of $0.64 per share.
LECO's annualized dividend per share is $2.32.
The current dividend yield of Lincoln Electric Holdings is 1.34%.
Lincoln Electric Holdings pays four dividends per year.
Lincoln Electric Holdings's dividend payout ratio is 30.9%.
Lincoln Electric Holdings's dividend yield is in line with the Industrials sector average.