AMETEK Declares Quarterly Dividend

Rhea-AI Summary

AMETEK, Inc. (NYSE: AME) has declared a regular quarterly dividend of $0.22 per share for the third quarter, payable on September 30, 2022, to shareholders of record by September 14, 2022. With 2021 sales of $5.5 billion, AMETEK focuses on operational excellence, product development, market expansion, and strategic acquisitions, aiming for double-digit earnings per share growth. The company is part of the S&P 500, indicating its strong market presence.

Positive

• Quarterly dividend declared at $0.22 per share, enhancing income for shareholders.
• Strong sales of $5.5 billion in 2021 reflects robust business performance.
• Strategic focus on cash generation and capital deployment supports future growth.

Negative

• None.

BERWYN, Pa., Aug. 5, 2022 /PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.22 per share for the third quarter ending September 30, 2022.

This third quarter dividend is payable September 30, 2022 to shareholders of record as of September 14, 2022.

Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with 2021 sales of $5.5 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:
Kevin Coleman
Vice President, Investor Relations & Treasurer
kevin.coleman@ametek.com
Phone: 610-889-5247

View original content:https://www.prnewswire.com/news-releases/ametek-declares-quarterly-dividend-301600324.html

SOURCE AMETEK, Inc.

FAQ

When will AMETEK pay its next dividend?

AMETEK's next dividend of $0.22 per share will be paid on September 30, 2022.

What is the record date for AMETEK's dividend?

The record date for AMETEK's dividend is September 14, 2022.

How often does AMETEK pay dividends?

AMETEK pays dividends quarterly.

What was AMETEK's total sales in 2021?

AMETEK reported total sales of $5.5 billion in 2021.

Is AMETEK a reliable dividend stock?

AMETEK has a strong track record of consistent dividend payments, making it a reliable dividend stock.