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Lincoln Electric Holdings (Lincoln Electric Holdings) 5-Year Dividend Growth Rate : 9.00% (As of Mar. 2024)


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What is Lincoln Electric Holdings 5-Year Dividend Growth Rate?

Lincoln Electric Holdings's Dividends per Share for the three months ended in Mar. 2024 was $0.71.

During the past 12 months, Lincoln Electric Holdings's average Dividends Per Share Growth Rate was 12.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lincoln Electric Holdings was 45.60% per year. The lowest was 3.90% per year. And the median was 11.25% per year.

Lincoln Electric Holdings's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.32. As of today, Lincoln Electric Holdings's Dividend Yield % is 1.17%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Lincoln Electric Holdings's 5-Year Dividend Growth Rate

For the Tools & Accessories subindustry, Lincoln Electric Holdings's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lincoln Electric Holdings's 5-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Lincoln Electric Holdings's 5-Year Dividend Growth Rate falls into.



Lincoln Electric Holdings 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Lincoln Electric Holdings  (NAS:LECO) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Lincoln Electric Holdings's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.71/ 2.23
=0.32

During the past 13 years, the highest Dividend Payout Ratio of Lincoln Electric Holdings was 0.48. The lowest was 0.26. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Lincoln Electric Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7100002024-03-272024-03-312024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.7100002023-12-282023-12-312024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.6400002023-09-282023-09-302023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.6400002023-06-292023-06-302023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Lincoln Electric Holdings's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.7/229.53
=1.18 %

Current Share Price is $229.53.
Lincoln Electric Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.7.

During the past 13 years, the highest Dividend Yield of Lincoln Electric Holdings was 2.93%. The lowest was 1.02%. And the median was 1.58%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lincoln Electric Holdings 5-Year Dividend Growth Rate Related Terms

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Lincoln Electric Holdings (Lincoln Electric Holdings) Business Description

Traded in Other Exchanges
Address
22801 Street Clair Avenue, Cleveland, OH, USA, 44117
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm's portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $3.8 billion in sales in 2022.
Executives
Michael J Whitehead officer: SVP, Strat. & Business Dev. 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Christopher L Mapes director REGAL BELOIT CORP, 200 STATE STREET, BELOIT WI 53511
Steven B Hedlund officer: V. P. Strategy & Bus. Dev. 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Geoffrey P Allman officer: Sr. V.P., Corporate Controller 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Michele R Kuhrt officer: Ex. V.P., CIO 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Marc A Howze director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Jennifer I Ansberry officer: Ex.V.P. General Counsel & Secy 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Bonnie J Fetch director 500 JACKSON STREET, COLUMBUS IN 47201
Kathryn Jo Lincoln director 1741 EAST MORTEN AVE, PHOENIX AZ 85020
Peter M. Pletcher officer: SVP, President International 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Gregory Doria officer: SVP, Pres Harris Products Gr. 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Gabriel Bruno officer: V.P., Corporate Controller 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Lisa Dietrich officer: EVP, CIO 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Brian Chambers director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Thomas A Flohn officer: VP; Pres. (Asia Pac.) 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117