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26 June
Ex-Dividend Reminder: Lincoln Electric Holdings, ESAB and Deere

Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, Lincoln Electric Holdings, Inc. (Symbol: LECO), ESAB Corp (Symbol: ESAB), and Deere & Co. (Symbol: DE) will all trade ex-dividend for their respective upcoming dividends. Lincoln Electric Holdings, Inc. will pay its quarterly dividend of $0.71 on 7/15/24, ESAB Corp will pay its quarterly dividend of $0.08 on 7/12/24, and Deere & Co. will pay its quarterly dividend of $1.47 on 8/8/24. As a percentage of LECO's recent stock price of $185.18, this dividend works out to approximately 0.38%, so look for shares of Lincoln Electric Holdings, Inc. to trade 0.38% lower — all else being equal — when LECO shares open for trading on 6/28/24. Similarly, investors should look for ESAB to open 0.09% lower in price and for DE to open 0.40% lower, all else being equal.

Below are dividend history charts for LECO, ESAB, and DE, showing historical dividends prior to the most recent ones declared.

Lincoln Electric Holdings, Inc. (Symbol: LECO):

LECO+Dividend+History+Chart

ESAB Corp (Symbol: ESAB):

ESAB+Dividend+History+Chart

Deere & Co. (Symbol: DE):

DE+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.53% for Lincoln Electric Holdings, Inc., 0.34% for ESAB Corp, and 1.59% for Deere & Co..

In Wednesday trading, Lincoln Electric Holdings, Inc. shares are currently off about 1.8%, ESAB Corp shares are off about 2.5%, and Deere & Co. shares are down about 2.3% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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