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Lincoln Electric Raises Annual Dividend 10% to $3.48 Per Share

BullishMedium impact
LECO$257.81 −1.81%

Lincoln Electric Holdings, Inc. (LECO) approved a 10 percent increase in its quarterly cash dividend. Shareholders will receive $0.87 per share each quarter, which translates to an annualized payout of $3.48 per share. The dividend is payable on January 15, 2027, to shareholders of record at the close of business on December 31, 2026.

The dividend hike reflects management's confidence in execution, ongoing cash generation, and long-term expansion. This marks the 31st consecutive year that the manufacturer of industrial machinery and technology has increased its dividend. The company has paid a cash dividend every quarter since going public in 1995 and has grown its payout rate at an 11 percent compound annual rate over the past decade.

Investors will keep an eye on the December 31 record date for eligibility. Following the announcement, Lincoln Electric shares fell 1.81 percent to $257.80.

Key points

  • Lincoln Electric raised its quarterly cash dividend by 10% to $0.87 per share, equal to $3.48 annually.
  • The increased dividend will be paid on January 15, 2027, to shareholders of record on December 31, 2026.
  • The move represents the company's 31st consecutive year of annual dividend payout increases.
  • Lincoln Electric stock fell 1.81% to close at $257.80.

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Questions and answers

When is Lincoln Electric's next dividend payment date?

Lincoln Electric will pay its newly increased quarterly dividend of $0.87 per share on January 15, 2027, to shareholders recorded as of December 31, 2026.

How much did Lincoln Electric raise its dividend?

Lincoln Electric increased its quarterly dividend by 10% to $0.87 per share, bringing the annualized payout rate to $3.48 per share.

How long has Lincoln Electric increased its dividend?

Lincoln Electric has increased its dividend annually for 31 consecutive years and has paid a quarterly cash dividend since going public in 1995.