Lincoln Electric Holdings is a dividend paying company with a current yield of 1.47% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
1.5%
Dividend yield
31%
Payout ratio
Industry average yield
0%
Next dividend pay date
15 Oct 24
Ex dividend date
30 Sep 24
Dividend per share
Mex$2.840
Earnings per share
Mex$9.02
Dividend yield forecast
1.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LECO *'s dividends per share have been stable in the past 10 years.
Growing Dividend: LECO *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Lincoln Electric Holdings Dividend Yield vs Market
How does LECO * dividend yield compare to the market?
Segment
Dividend Yield
Company (LECO *)
1.5%
Market Bottom 25% (MX)
0%
Market Top 25% (MX)
0%
Industry Average (Machinery)
0%
Analyst forecast (LECO *) (up to 3 years)
1.6%
Notable Dividend: LECO *'s dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.22%).
High Dividend: LECO *'s dividend (1.47%) is low compared to the top 25% of dividend payers in the MX market (7.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), LECO *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.3%), LECO *'s dividend payments are well covered by cash flows.