CLEVELAND, Dec. 2, 2010 /PRNewswire-FirstCall/ -- The Board
of Directors of Lincoln Electric Holdings, Inc. (Nasdaq: LECO)
today raised the Company's quarterly dividend $0.03 per share, a 10.7% increase, from
$0.28 per share to $0.31 per share, or $1.24 per share on an annual basis. The dividend
is payable January 14, 2011, to
holders of record as of December 31,
2010.
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
position in the brazing and soldering alloys market. Headquartered
in Cleveland, Ohio, Lincoln
Electric has 38 manufacturing locations, including operations 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 website at
www.lincolnelectric.com.
SOURCE Lincoln Electric Holdings, Inc.