Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Updates On Quarterly Dividend


As per Lincoln Electric Holdings, Inc. (NASDAQ:LECO) statement on 2016-07-22, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.32 per share as dividend to stakeholders. The record date is set as 2016-09-30, the payout date as 2016-10-14 and the ex-dividend date is 2016-09-28.

Last fiscal Lincoln Electric Holdings, Inc. (NASDAQ:LECO) disbursed cash dividend of $0.32. A year ago, the payout was $0.32, which indicates a difference of 21.4286%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.32, implying 15.658% growth.

For the period ended on 2015-12-31, Lincoln Electric Holdings, Inc. (NASDAQ:LECO)’s earnings came at $0.83 per share compared to EPS of $0.89 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-04. For this quarter, the analysts have earnings estimate of $0.84 per share.

The interim price target for Lincoln Electric Holdings, Inc. (NASDAQ:LECO) is set at $67.375. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Lincoln Electric Holdings, Inc. (NASDAQ:LECO) is seen at $80 and the lowest level is established at $55. This broad range highlights a standard deviation of $8.14 in reported estimates.

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