Lincoln Electric Board Declares Dividend
Rhea-AI Summary
Lincoln Electric Holdings, Inc. (Nasdaq: LECO) has declared a quarterly cash dividend of $0.49 per common share, set for payment on October 15, 2020, to shareholders of record as of September 30, 2020. As a leader in arc welding products and automated systems, Lincoln Electric is headquartered in Cleveland, Ohio, with 59 manufacturing locations across 18 countries. The company has a vast distribution network that spans over 160 countries.
Positive
- Quarterly cash dividend of $0.49 reflects company confidence.
- Strong global presence with 59 manufacturing locations in 18 countries.
Negative
- None.
News Market Reaction – LECO
On the day this news was published, LECO gained 0.59%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
CLEVELAND, July 23, 2020 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of
Business
Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Headquartered in Cleveland, Ohio, Lincoln has 59 manufacturing locations in 18 countries and a worldwide network of distributors and sales offices covering more than 160 countries. For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com.
FAQ
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