LECO Lincoln Electric Holdings Inc

CLEVELAND, Nov. 30 /PRNewswire-FirstCall/ -- The Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Board of Directors today raised the Company's quarterly dividend 3 cents to 22 cents per share, or 88 cents per share annually, representing a 15.8% increase. The dividend as declared today is payable January 15, 2007, to holders of record as of December 31, 2006. Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc-welding systems, plasma and oxyfuel cutting equipment and has a leading global position in the brazing and soldering alloys market. Headquartered in Cleveland, Ohio, Lincoln has 34 plants, manufacturing alliances and joint ventures in 19 countries and a worldwide network of distributors and sales offices covering more than 160 countries. For more information about Lincoln Electric, its products and services, visit the Company's Web site at http://www.lincolnelectric.com/. DATASOURCE: Lincoln Electric Holdings, Inc. CONTACT: Roy L. Morrow of Lincoln Electric Holdings, Inc., +1-216-383-4893, or Web site: http://www.lincolnelectric.com/

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