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Allied Motion Declares Quarterly Cash Dividend

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Allied Motion Technologies Inc. (NASDAQ: AMOT) has declared a quarterly cash dividend of $0.025 per share, set for payment on December 1, 2022. Stockholders of record as of November 17, 2022 will qualify for this dividend. The company specializes in precision controlled motion products serving various sectors including Vehicle, Medical, Aerospace & Defense, and Industrial Markets.

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  • Quarterly dividend of $0.025 per share enhances shareholder returns.
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AMHERST, N.Y.--(BUSINESS WIRE)-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or the “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced that its Board of Directors approved a quarterly cash dividend payment of $0.025 per share. The dividend will be payable on December 1, 2022 to stockholders of record as of the close of business on November 17, 2022.

About Allied Motion Technologies Inc.

Allied Motion (Nasdaq: AMOT) designs, manufactures and sells precision controlled motion products and solutions used in a broad range of applications within the Vehicle, Medical, Aerospace & Defense, Electronic, and Industrial Markets. Headquartered in Amherst, NY, the Company has global operations and sells into markets across the United States, Canada, South America, Europe and Asia-Pacific.

Allied Motion is focused on controlled motion applications and is known worldwide for its expertise in electro-magnetic, mechanical, and electronic controlled motion technologies. Its products include nano precision positioning systems, servo control systems, motion controllers, digital servo amplifiers and drives, brushless servo, torque, and coreless motors, brush motors, integrated motor-drives, gear motors, gearing, incremental and absolute optical encoders, active (electronic) and passive (magnetic) filters for power quality and harmonic issues, lightweighting technologies, Industrial safety rated I/O Modules, Universal Industrial Communications Gateways and other controlled motion-related products.

The Company’s growth strategy is focused on being the controlled motion solutions leader in its selected target markets by leveraging its “technology/know how” to develop integrated precision solutions that utilize multiple Allied Motion technologies to “change the game” and create higher value solutions for its customers. The Company routinely posts news and other important information on its website at www.alliedmotion.com.

Investors:

Deborah K. Pawlowski / Craig P. Mychajluk

Kei Advisors LLC

716-843-3908 / 716-843-3832

dpawlowski@keiadvisors.com / cmychajluk@keiadvisors.com

Source: Allied Motion Technologies Inc.

FAQ

What is the dividend amount declared by Allied Motion Technologies Inc.?

Allied Motion Technologies Inc. declared a dividend of $0.025 per share.

When will the dividend be paid by Allied Motion Technologies Inc.?

The dividend will be paid on December 1, 2022.

What is the record date for the dividend payment of Allied Motion Technologies Inc.?

The record date for the dividend payment is November 17, 2022.

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550.91M
13.50M
16.55%
63%
0.38%
Electronic Components
Technology
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United States
Amherst