LECO Named Top 25 SAFE Dividend Stock Increasing Payments For Decades

By | October 28, 2016

Lincoln Electric Holdings, Inc. (Symbol: LECO) has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 2.1% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.

According to the ETF Finder at ETF Channel , Lincoln Electric Holdings, Inc. is a member of the iShares S&P 1500 Index ETF ( ITOT ), and is also an underlying holding representing 1.00% of the SPDR S&P Dividend ETF ( SDY ), which holds $ 141,027,088 worth of LECO shares.

Lincoln Electric Holdings, Inc. (Symbol: LECO) made the “Dividend Channel S.A.F.E. 25” list because of these qualities: S . Solid return – hefty yield and strong DividendRank characteristics; A. Accelerating amount – consistent dividend increases over time; F . Flawless history – never a missed or lowered dividend; E. Enduring – at least two decades of dividend payments.

The annualized dividend paid by Lincoln Electric Holdings, Inc. is $ 1.40/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/28/2016. Below is a long-term dividend history chart for LECO, which the report stressed as being of key importance. LECO+Dividend+History+Chart LECO operates in the Industrial Machinery & Equipment sector, among companies like Illinois Tool Works, Inc. ( ITW ), and Deere & Co. ( DE ).

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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