CLEVELAND, Nov. 3, 2011 /PRNewswire/ -- The Lincoln Electric
Holdings, Inc. (Nasdaq: LECO) Board of Directors has approved a
9.7% increase in the Company's quarterly dividend from $0.155 per share to $0.17 per share, or $0.68 on an annual basis. The dividend is payable
January 13, 2012, to holders of
record as of December 31, 2011.
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 Electric has 43 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
http://www.lincolnelectric.com.
SOURCE Lincoln Electric Holdings, Inc.