The dividend is payable January 15, 2025, to shareholders of record at the close of business on December 31, 2024. “Our dividend increase reflects strong cash flow generation of the business, solid execution of our Higher Standard 2025 Strategy, and confidence in our ability to continue to deliver superior long-term value for our shareholders through the cycle,” stated Steven B. Hedlund, CEO.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LECO:
- Lincoln Electric price target raised to $185 from $184 at Stifel
- Lincoln Electric Announces Leadership Transition and New Chair
- Lincoln Electric names Steven Hedlund as new Board Chair
- Barclays cuts Lincoln Electric estimates after ‘broad-based’ cautious commentary
- Lincoln Electric price target lowered to $210 from $240 at KeyBanc