ESAB's most recent quarterly dividend of $0.06 per share was on Mar 27, 2024 (ex-date). At an annualized rate of $0.24 per share, the stock yields 0.22%.
ESAB's dividend yield of 0.22% is below the Industrials sector and the industry average. If we compare it with its Industrials sector average of 1.42%, ESAB's dividend yield is 85% lower.
ESAB has a history of paying dividends since 2022. Our records of ESAB show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 20% for the last year. However since the stock price has gone up by 82% from a year ago, the dividend yield has decreased by 33%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 27, 2024 | Apr 12, 2024 | Feb 22, 2024 | $0.06 | normal |
Dec 28, 2023 | Jan 12, 2024 | Dec 6, 2023 | $0.06 | normal |
Sep 28, 2023 | Oct 13, 2023 | Sep 14, 2023 | $0.06 | normal |
Jun 29, 2023 | Jul 14, 2023 | May 11, 2023 | $0.06 | normal |
Mar 30, 2023 | Apr 14, 2023 | Mar 2, 2023 | $0.05 | normal |
Dec 29, 2022 | Jan 13, 2023 | Dec 14, 2022 | $0.05 | normal |
Sep 29, 2022 | Oct 14, 2022 | Sep 15, 2022 | $0.05 | normal |
Jun 30, 2022 | Jul 18, 2022 | May 12, 2022 | $0.05 | normal |
ESAB's payout ratio of 6.2% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 31%, ESAB's payout ratio is 80% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
LECO Lincoln Electric Holdings Inc | 1.18% | $2.7 | 28.2% |
ESAB ESAB Corp | 0.22% | $0.24 | 6.2% |
Yes, ESAB has paid four dividends in the last 12 months. ESAB has been paying dividends since 2022.
ESAB hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in June 2024.
ESAB's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.06 per share.
On an annual basis ESAB pays $0.24 per share.
Currently ESAB's dividend yield is 0.22%.
ESAB pays dividends quarterly.
The dividend payout ratio of ESAB is 6.2%.
ESAB's dividend yield is less than the Industrials sector average.