AMETEK Declares Quarterly Dividend

Rhea-AI Summary

AMETEK, Inc. has declared a quarterly dividend of $0.20 per share for the third quarter ending September 30, 2021. Shareholders of record as of September 14, 2021 will receive the dividend on September 30, 2021. The company, a leader in electronic instruments and electromechanical devices, reported annualized sales of approximately $5.5 billion. AMETEK aims for double-digit growth in earnings per share and emphasizes cash generation and capital deployment strategies.

Positive

• Quarterly dividend of $0.20 per share enhances shareholder income.
• Strong sales of approximately $5.5 billion indicate financial stability.
• Focus on double-digit earnings growth demonstrates company confidence.

Negative

• None.

BERWYN, Pa., Aug. 6, 2021 /PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.20 per share for the third quarter ending September 30, 2021.

This third quarter dividend is payable September 30, 2021 to shareholders of record as of September 14, 2021.

Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with annualized sales of approximately $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, AMETEK, Inc.
kevin.coleman@ametek.com 
Phone: 610.889.5247

View original content:https://www.prnewswire.com/news-releases/ametek-declares-quarterly-dividend-301349877.html

SOURCE AMETEK, Inc.

FAQ

What is the AMETEK dividend amount for Q3 2021?

The AMETEK dividend amount for Q3 2021 is $0.20 per share.

When is the AMETEK dividend payment date?

The AMETEK dividend is payable on September 30, 2021.

Who qualifies for the AMETEK dividend?

Shareholders of record as of September 14, 2021, qualify for the AMETEK dividend.

What are AMETEK's annual sales figures?

AMETEK reported annualized sales of approximately $5.5 billion.

What is AMETEK's growth strategy?

AMETEK's growth strategy includes operational excellence, new product development, market expansion, and strategic acquisitions.