Company: Lincoln Electric Holdings Inc. (LECO)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firmÕs portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $4.2 billion in sales in 2023. -Morningstar.com-
Symbol: LECO
Recent Price: $192.95
Dividends: $2.84
Yield: 1.47%
Sector: Industrials
Industry: Tools & Accessories
Address & Company Phone #: 22801 St Clair Avenue Cleveland OH 44117, 216-481-8100
Transfer Agent: Equiniti Group plc. 800-736-3001
Moody’s Rating: NR
Minimum & Maximum Investment: $10 – $1,000/month
Investment Dates: 15th Monthly
Shares to Qualify: 100 Shares or $50
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $232.64, $152.36