
Lincoln Electric Holdings, Inc.
LECO30 yrs growthIndustrials · Tools & Accessories · Stock · quarterly payer
Forward Yield
1.20%
Annual Dividend
$3.12
Payout Ratio
31%
5-Yr Growth
9.0%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about LECO's dividend
Data as of · Source: SmarterDividends data
- As of Oct 14, 2026, Lincoln Electric Holdings, Inc. (LECO) has a forward dividend yield of 1.20%, based on an annual dividend of $3.12 per share and a share price of $262.57.
- As of Oct 14, 2026, LECO's dividend safety grade from SmarterDividends is A (95 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Lincoln Electric Holdings, Inc. (LECO) has raised its dividend for 30 consecutive years as of Oct 14, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
- LECO has never cut its regular dividend in the payment history SmarterDividends has on record.
- LECO's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.79 per share.
- As of Oct 14, 2026, LECO pays out 31% of its trailing 12-month earnings as dividends (its payout ratio).
- LECO's dividend has grown at an average rate of 9.0% a year over the past five years.
- As of Oct 14, 2026, LECO's 1.20% yield is 20% below its five-year average yield of 1.50%.
- As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for LECO is $205.86 per share, 22% below the $262.57 share price, so LECO screens as overvalued.
- Lincoln Electric Holdings, Inc. (LECO) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "LECO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/LECO
Summary
As of Oct 14, 2026, Lincoln Electric Holdings, Inc. (LECO) yields 1.20% ($3.12 a year per share), has a dividend safety grade of A (95/100) and has 30 consecutive years of dividend increases on record.
Is LECO a good dividend stock?
YesLincoln Electric Holdings, Inc. (LECO) pays a quarterly dividend yielding 1.20% ($3.12/yr), with 30 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 30 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (31%)
- Strong 9.0% 5-yr dividend growth
- 83% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.20%
- Payout Ratio
- 31%
- Annual Dividend
- $3.12
- 5-Yr Avg Growth
- 9.0%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 30
- Frequency
- quarterly
- Beta
- 1.22
- Market Cap
- $14.3B
- P/E Ratio
- 26.2
- 5-Yr Total Return
- 83%
- 52-Week Range
- $216.22 – $310.00
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
Frequently Asked Questions
Is LECO a good dividend stock?
Yes. Lincoln Electric Holdings, Inc. (LECO) pays a quarterly dividend yielding 1.20% ($3.12/yr), with 30 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is LECO undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LECO's fair value is about $205.86 versus a $262.57 share price — so it looks overvalued (-22% vs. fair value).
Is LECO's dividend safe?
LECO has a dividend-safety grade of A (95/100), based on its payout coverage, free-cash-flow, 30-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is LECO's fair value?
Our blended fair-value estimate for LECO is about $205.86 per share, about 22% below the current $262.57 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is LECO a buy, hold, or sell?
We don't issue formal ratings, but on the data LECO screens as "yes" and overvalued. Lincoln Electric Holdings, Inc. (LECO) pays a quarterly dividend yielding 1.20% ($3.12/yr), with 30 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will LECO cut its dividend?
LECO earns a dividend-safety grade of A (95/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does LECO pay a dividend?
Yes. Lincoln Electric Holdings, Inc. pays a quarterly dividend of about $3.12 per share annually, a forward yield of roughly 1.20%.
What is LECO's dividend yield?
As of Oct 14, 2026, LECO's forward dividend yield is 1.20%, based on a $3.12 annual dividend and a $262.57 share price.
What is LECO's dividend per share?
As of Oct 14, 2026, LECO pays $3.12 per share per year, distributed on a quarterly basis.
What is LECO's dividend payout ratio?
As of Oct 14, 2026, LECO's payout ratio is 31% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has LECO grown its dividend?
As of Oct 14, 2026, LECO has increased its dividend for 30 consecutive years.
When is the next LECO ex-dividend date?
As of Oct 14, 2026, LECO's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.79 per share.
LECO Price — Last 12 Months
Daily close
Price Return
1 Year
+11%
3 Years
+49%
5 Years
+83%
52-Week Range
$216.22 – $310.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LECO worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Lincoln Electric Holdings, Inc. is $205.86 per share, versus a market price of $262.57. That implies 22% of downside.
Fair Value
$205.86
Current Price
$262.57
Downside
-22%
Margin of Safety
-28%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 17.1% annual free-cash-flow growth. We model 10.2% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.4% discount rate (CAPM), 10.2% growth for five years fading to 2.5% over the next five, $10.01 EPS, $3.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LECO Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full LECO dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 15, 2026 | $0.7900 | regular |
| Jun 30, 2026 | Jul 15, 2026 | $0.7900 | regular |
| Mar 31, 2026 | Apr 15, 2026 | $0.7900 | regular |
| Dec 31, 2025 | Jan 15, 2026 | $0.7900 | regular |
| Sep 30, 2025 | Oct 15, 2025 | $0.7500 | regular |
| Jun 30, 2025 | Jul 15, 2025 | $0.7500 | regular |
| Mar 31, 2025 | Apr 15, 2025 | $0.7500 | regular |
| Dec 31, 2024 | Jan 15, 2025 | $0.7500 | regular |
| Sep 30, 2024 | Oct 15, 2024 | $0.7100 | regular |
| Jun 28, 2024 | Jul 15, 2024 | $0.7100 | regular |
| Mar 27, 2024 | Apr 15, 2024 | $0.7100 | regular |
| Dec 28, 2023 | Jan 12, 2024 | $0.7100 | regular |
| Sep 28, 2023 | Oct 13, 2023 | $0.6400 | regular |
| Jun 29, 2023 | Jul 14, 2023 | $0.6400 | regular |
Income Calculator
At $3.12 / yr per share
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