LECO (Lincoln Electric Holdings) Dividend Payout Ratio : 0.33 (As of Sep. 2024)

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What is Lincoln Electric Holdings Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Lincoln Electric Holdings's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.33.

The historical rank and industry rank for Lincoln Electric Holdings's Dividend Payout Ratio or its related term are showing as below:

LECO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.34 Max: 0.48
Current: 0.31

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.

LECO's Dividend Payout Ratio is ranked better than
58.06% of 1781 companies
in the Industrial Products industry
Industry Median: 0.36 vs LECO: 0.31

As of today (2024-12-13), the Dividend Yield % of Lincoln Electric Holdings is 1.39%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Lincoln Electric Holdings was 2.93%. The lowest was 1.02%. And the median was 1.62%.

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

During the past 12 months, Lincoln Electric Holdings's average Dividends Per Share Growth Rate was 10.90% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Lincoln Electric Holdings Dividend Payout Ratio Historical Data

The historical data trend for Lincoln Electric Holdings's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Lincoln Electric Holdings Dividend Payout Ratio Chart

Lincoln Electric Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.40

0.48

0.34

0.28

Lincoln Electric Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.27	0.29	0.32	0.30	0.33

Competitive Comparison of Lincoln Electric Holdings's Dividend Payout Ratio

For the Tools & Accessories subindustry, Lincoln Electric Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Lincoln Electric Holdings's Dividend Payout Ratio falls into.

Lincoln Electric Holdings Dividend Payout Ratio Calculation

Lincoln Electric Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.63	/	9.41
	=	0.28

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

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.71	/	2.14
	=	0.33

Lincoln Electric Holdings (NAS:LECO) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Lincoln Electric Holdings Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Lincoln Electric Holdings's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Lincoln Electric Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lincoln Electric Holdings Inc (NAS:LECO) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LNE:Germany LNE:Germany

Address

22801 Street Clair Avenue, Cleveland, OH, USA, 44117

Website

https://www.lincolnelectric.com

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 $4.2 billion in sales in 2023.

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
Geoffrey P Allman	officer: Sr. V.P., Corporate Controller	22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Gabriel Bruno	officer: V.P., Corporate Controller	22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Steven B Hedlund	officer: V. P. Strategy & Bus. Dev.	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
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