Lincoln Electric Holdings's last quarterly dividend was on Sep 28, 2023 (ex-date) with a distribution of $0.64 per share. On an annualized basis, the company has a current payout of $2.56 per share. This brings the dividend yield to 1.29% based on its recent close price.
LECO has a dividend yield of 1.29% which is lower than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.51%, Lincoln Electric Holdings's dividend yield is 15% lower. The current dividend yield is lower than the historical average of 1.8% 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 14% since one year ago. But with the stock price up by 34% from a year ago, the dividend yield marks a decrease of 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
LECO has a payout ratio of 29.5% which is lower than the Industrials sector and the industry average. But in comparison with the Industrials sector average of 30.8%, Lincoln Electric Holdings's payout ratio is only 4.2% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SWK Stanley Black & Decker Inc | 3.43% | $3.22 | N/A |
| KMT Kennametal Inc | 3.31% | $0.8 | 53% |
| HURC Hurco Companies Inc | 3.02% | $0.63 | 121.2% |
| ITW Illinois Tool Works Inc | 2.17% | $5.33 | 51.6% |
| LECO Lincoln Electric Holdings Inc | 1.27% | $2.56 | 29.5% |
Yes, Lincoln Electric Holdings has been paying dividends for the last 28 years.
LECO's next dividend date is Dec 28, 2023 (ex-date).
Lincoln Electric Holdings's last regular dividend was on Sep 28, 2023 (ex-date) with the amount of $0.64 per share.
LECO's annualized dividend per share is $2.56.
The current dividend yield of Lincoln Electric Holdings is 1.29%.
Lincoln Electric Holdings pays four dividends per year.
Lincoln Electric Holdings's dividend payout ratio is 29.5%.
Lincoln Electric Holdings's dividend yield is lower than the Industrials sector average.