ESAB Co. Declares Quarterly Dividend of $0.05 (NYSE:ESAB)

ESAB Co. (NYSE:ESABGet Rating) announced a quarterly dividend on Thursday, May 12th, Zacks reports. Stockholders of record on Friday, July 1st will be given a dividend of 0.05 per share on Monday, July 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date is Thursday, June 30th.

ESAB stock opened at $50.25 on Friday. ESAB has a 1 year low of $42.96 and a 1 year high of $58.08.

Separately, Loop Capital assumed coverage on ESAB in a report on Friday. They set a “hold” rating and a $52.00 price objective on the stock.

ESAB Company Profile (Get Rating)

ESAB Corporation formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding, as well as gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables, including electrodes, nozzles, shields, and tips.

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