CSIMarket
 


Lincoln Electric Holdings Inc  (LECO)
Other Ticker:  
 

 

LECO's Dividend Pay out ratio over the 12 Months Period

Cumulative by Quarter, Trailing twelve months


Due to increase in earnings per share in the forth quarter 2023, Lincoln Electric Holdings Inc's 12 Months dividend pay out ratio sequentially decreased to 28.04% in the fourth quarter 2023, unsurprisingly, as the Lincoln Electric Holdings Inc earnings continue to rise, and the pay out ratio remains below LECO's average, the question arises, if Lincoln Electric Holdings Inc will increase the dividend soon.

Within Capital Goods sector 44 other companies have achieved higher 12 Months dividend pay out ratio. While in terms of ranking among all other companies, the company has moved form 190 in the third quarter 2023, to 738.


Dividend in Glossary



Cumulative Dividend Pay out Ratio IV. Quarter
(Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
LECO's Pay out Ratio (TTM) 28.04 % 29.88 % 30.18 % 29.86 % 28.72 %
LECO's Dividend Pay out Ratio Total Ranking # 738 # 190 # 847 # 0 # 0

  News about Lincoln Electric Holdings Inc Dividends

Lincoln Electric Declares Quarterly Dividend and Stock Experiences Significant Gains



In a recent press release, Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced that its Board of Directors has approved a quarterly cash dividend of $0.71 per common share. The dividend will be payable on April 15, 2024, to shareholders of record as of March 31, 2024. This news comes amidst Lincoln Electric Holdings Inc. stock's solid gain of 7.86% in the past week, pushing its share price up by 16.93% during the first quarter of 2024. With LECO stock gaining momentum, it stands just 1.2% away from its 52-week high of $252.975.

The announcement of Lincoln Electric Holdings, Inc. declaring a quarterly cash dividend of $0.71 per common share is excellent news for the company's shareholders. This dividend represents the continuation of Lincoln Electric's commitment to rewarding its investors. The payment is scheduled for April 15, 2024. Shareholders who hold the stock as of March 31, 2024, will be eligible to receive the dividend.


LECO's Dividend Pay out Ratio Company Ranking
Within: No.
Industrial Machinery and Components Industry # 15
Capital Goods Sector # 45
S&P 500 # 738

Dividend Pay out Ratio Statistics
High Average Low
93.55 % 42.53 % 27.2 %
(June 30. 2016)   (Dec 31 2023)



Other Dividend Ratios
Highest Ranking Dividend Yield
Lowest Ranking Dividend Yield
Annual Dividend Pay out for LECO
LECO's Dividend Yield




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com