AMETEK Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of AMETEK, Inc. (NYSE: AME) has declared a quarterly dividend of $0.18 per share for Q3, payable on September 30, 2020. Shareholders on record by September 14, 2020 will receive this dividend. AMETEK, a top manufacturer of electronic instruments and electromechanical devices, achieved sales of approximately $5.0 billion in 2019. The company aims for double-digit growth in earnings per share over the business cycle while maintaining a strong focus on cash generation and capital deployment.

Positive

• Declared quarterly dividend of $0.18 per share, enhancing shareholder income.
• Strong revenue performance with $5.0 billion in sales for 2019.

Negative

• None.

BERWYN, Pa., Aug. 6, 2020 /PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.18 per share for the third quarter ending September 30, 2020.

This second quarter dividend is payable September 30, 2020 to shareholders of record as of September 14, 2020.

Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with 2019 sales of approximately $5.0 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-301107220.html

SOURCE AMETEK, Inc.

FAQ

What is the amount of the AMETEK dividend for Q3 2020?

AMETEK declared a dividend of $0.18 per share for Q3 2020.

When is the AMETEK dividend payment date?

The AMETEK dividend is payable on September 30, 2020.

What is the record date for the AMETEK dividend?

The record date for the AMETEK dividend is September 14, 2020.

What were AMETEK's sales figures for 2019?

AMETEK reported sales of approximately $5.0 billion for 2019.

What is AMETEK's growth strategy?

AMETEK integrates operational excellence, new product development, global expansion, and strategic acquisitions for growth.