Bruker Announces Quarterly Dividend

Rhea-AI Summary

Bruker Corporation has announced an increase in its quarterly cash dividend to $0.05 per share, up from $0.04 in Q1 2021. The new dividend will be paid on March 18, 2022, to stockholders of record as of March 1, 2022. Furthermore, the Board has approved a plan to raise its annual cash dividend from $0.16 to $0.20, contingent on quarterly Board approval beginning with this payment.

Positive

• Quarterly dividend increased to $0.05 per share from $0.04 in Q1 2021.
• Annual cash dividend planned to rise from $0.16 to $0.20, demonstrating shareholder value.

Negative

• None.

Q1 2022 dividend increases to $0.05 from $0.04 per share in Q1 2021

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 $0.05 per share on the Company’s common stock. The dividend will be paid on March 18, 2022 to stockholders of record as of March 1, 2022.

As previously announced, the Board approved the Company’s plan to increase its annual cash dividend from $0.16 to $0.20, subject to quarterly Board approval, beginning with the payment of this dividend.

About Bruker Corporation

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220218005067/en/

Justin Ward, Senior Director, Investor Relations & Corporate Development

Bruker Corporation

T: +1 (978) 663–3660, ext. 1479

E: Investor.Relations@bruker.com

Source: Bruker Corporation

FAQ

What is the new dividend amount for Bruker Corporation?

The new dividend amount is $0.05 per share.

When will Bruker Corporation's dividend be paid?

The dividend will be paid on March 18, 2022.

What was Bruker Corporation's dividend in the previous year?

In Q1 2021, the dividend was $0.04 per share.

What is the planned increase for Bruker Corporation's annual cash dividend?

The planned increase is from $0.16 to $0.20 per share.