Lincoln Electric Dividend Increase

On October 14, Lincoln Electric (LECO) increased its dividend by 10.13%, from 79¢ to 87¢ per share.

The dividend is payable on January 15 to shareholders of record on December 31.

LECO's contribution to DivGro's projected annual dividend income will increase by $14.40 to $156.60.

Created by the author

I own 45 shares of LECO at an average cost basis of $242.15 per share. Following this increase, my yield on cost is 1.44% (the stock's forward yield is 1.35% at $257.81 per share).

Since opening my position in December 2025, the stock has delivered a total return of 7%, including dividends of $106.65.

5-Year History of Dividend Payouts by Ex-Date

✝projected, assuming no further changes

Created by the author

LECO's quality score is 8.53, which I rate Excellent. Its Simply Safe Dividends score of 98 places LECO in the Very Safe band, and a 31-year growth streak qualifies it as a Dividend Champion.