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.
| 2021 | 2022 | 2023 | 2024 | 2025 | • | 2026 |
| $2.090 | $2.320 | $2.630 | $2.880 | $3.040 | ⬆ | $3.240✝ |
| 5.56% | 11.00% | 13.36% | 9.51% | 5.56% | ⬆ | 6.58% |
| 5-year DGR: | 8.95% | ⬆ | 9.16% | |||
✝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.
No comments :
Post a Comment
Please don't include links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.