Bruker Announces Fourth Quarter 2021 Dividend

Rhea-AI Summary

Bruker Corporation (Nasdaq: BRKR) has announced a quarterly cash dividend of $0.04 per share, scheduled for payment on December 17, 2021, to stockholders of record as of December 1, 2021.

The Board also approved an increase in the annual cash dividend from $0.16 to $0.20 per share, with payments commencing in March 2022, contingent upon quarterly Board approval.

Positive

• Increase in annual dividend from $0.16 to $0.20, signaling confidence in financial stability.

Negative

• None.

Plans to Increase 2022 Annual Dividend from $0.16 to $0.20 per share

BILLERICA, Mass.--(BUSINESS WIRE)-- Bruker Corporation (Nasdaq: BRKR) today announced that its Board of Directors has approved payment of a quarterly cash dividend in the amount of $0.04 per share on the Company’s common stock. The dividend will be paid on December 17, 2021 to stockholders of record as of December 1, 2021.

In addition, the Board approved the Company’s plan to increase its annual cash dividend from $0.16 to $0.20, payable quarterly beginning in March 2022, subject to quarterly Board approval.

About Bruker Corporation (Nasdaq: BRKR)

Bruker is enabling scientists to make breakthrough discoveries and develop new applications that improve the quality of human life. Bruker’s high performance scientific instruments and high value analytical and diagnostic solutions enable scientists to explore life and materials at molecular, cellular and microscopic levels. In close cooperation with our customers, Bruker is enabling innovation, improved productivity and customer success in life science molecular and cell biology research, in applied and pharma applications, in microscopy and nanoanalysis, as well as in industrial applications. Bruker offers differentiated, high-value life science and diagnostics systems and solutions in preclinical imaging, clinical phenomics research, proteomics and multiomics, spatial and single-cell biology, functional structural and condensate biology, as well as in clinical microbiology and molecular diagnostics. For more information, please visit: www.bruker.com.

Forward Looking Statements

Any statements contained in this press release which do not describe historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding expected quarterly cash dividends in 2022. Any forward-looking statements contained herein are based on current expectations, but are subject to risks and uncertainties that could cause actual results to differ materially from those indicated, including, but not limited to, those risk factors discussed from time to time in our filings with the Securities and Exchange Commission, or SEC. These and other factors are identified and described in more detail in our filings with the SEC, including, without limitation, our annual report on Form 10-K for the year ended December 31, 2020, as may be updated by our quarterly reports on Form 10-Q. We expressly disclaim any intent or obligation to update these forward-looking statements other than as required by law.

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Investor Relations

Bruker Corporation

T: +1 (978) 663–3660, ext. 1479

E: Investor.Relations@bruker.com

Source: Bruker Corporation

FAQ

When will Bruker Corporation pay its next dividend?

Bruker Corporation will pay its next dividend of $0.04 per share on December 17, 2021.

What is the new annual dividend for Bruker Corporation?

The annual dividend for Bruker Corporation has increased from $0.16 to $0.20 per share.

How often does Bruker Corporation declare dividends?

Bruker Corporation declares dividends quarterly.

What is the record date for the upcoming dividend payment?

The record date for the upcoming dividend payment is December 1, 2021.