Lincoln electric board approves 9.8% dividend increase

Cleveland, oct. 19, 2021 (globe newswire) -- lincoln electric holdings, inc., (nasdaq: leco) announced today that its board of directors has approved a 9.8% increase in the quarterly cash dividend, from $0.51 per share to $0.56 per share, or to $2.24 per share on an annualized basis. this marks the 26th consecutive annual increase of the dividend. the dividend is payable january 14, 2022 to shareholders of record at the close of business on december 31, 2021.
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