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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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