AMETEK Declares Quarterly Dividend

Rhea-AI Summary

AMETEK, Inc. has declared a quarterly dividend of $0.20 per share, payable on June 30, 2021, to shareholders of record as of June 14, 2021. This marks a continuation of the company’s commitment to returning value to shareholders. In 2020, AMETEK reported annual sales exceeding $4.5 billion. The company aims for double-digit growth in earnings per share and a strong return on capital through its integrated growth strategies.

Positive

• Declared a quarterly dividend of $0.20 per share, indicating ongoing shareholder returns.
• Reported annual sales of over $4.5 billion in 2020, showcasing strong financial performance.
• Aims for double-digit percentage growth in earnings per share, reflecting confidence in future profitability.

Negative

• None.

BERWYN, Pa., May 7, 2021 /PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.20 per share for the second quarter ending June 30, 2021.

This second quarter dividend is payable June 30, 2021 to shareholders of record as of June 14, 2021.

Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with annual sales in 2020 of more than $4.5 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. The common stock of AMETEK is a component of the S&P 500.

Contact:
AMETEK, Inc.
Kevin Coleman
Vice President, Investor Relations
1100 Cassatt Road
Berwyn, Pennsylvania 19312
kevin.coleman@ametek.com
Phone: 610.889.5247

 

View original content:http://www.prnewswire.com/news-releases/ametek-declares-quarterly-dividend-301286207.html

SOURCE AMETEK, Inc.

FAQ

What is the dividend amount declared by AMETEK for Q2 2021?

AMETEK declared a dividend of $0.20 per share for Q2 2021.

When is the AMETEK dividend payable?

The dividend is payable on June 30, 2021.

What is the record date for AMETEK's dividend?

The record date for the dividend is June 14, 2021.

How much were AMETEK's annual sales in 2020?

AMETEK reported annual sales of over $4.5 billion in 2020.

What are AMETEK's growth strategies?

AMETEK's growth strategies include operational excellence, new product development, global market expansion, and strategic acquisitions.