EMCOR Group, Inc. Declares Regular Quarterly Dividend

Rhea-AI Summary

EMCOR Group, Inc. (NYSE: EME) has declared a quarterly cash dividend of $0.15 per common share, to be paid on January 31, 2023, to stockholders of record as of January 17, 2023. The company, a leader in mechanical and electrical construction services, continues to deliver shareholder value through regular dividends. This decision reflects EMCOR's robust financial position and commitment to returning income to its investors.

Positive

• Quarterly cash dividend of $0.15 per share demonstrates commitment to shareholder returns.
• Dividend payment reflects strong financial health and cash flow.

Negative

• None.

NORWALK, Conn.--(BUSINESS WIRE)-- EMCOR Group, Inc. (NYSE: EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per common share. The dividend will be paid on January 31, 2023 to stockholders of record as of January 17, 2023.

EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company’s Website at www.emcorgroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230106005273/en/

EMCOR GROUP, INC.

R. Kevin Matz

Executive Vice President

Shared Services

203-849-7938

FTI Consulting

Investors: Blake Mueller

(718) 578-3706

Source: EMCOR Group, Inc.

FAQ

What is the dividend amount declared by EMCOR Group for January 2023?

EMCOR Group declared a quarterly cash dividend of $0.15 per common share.

When will the dividend be paid to EMCOR Group shareholders?

The dividend will be paid on January 31, 2023.

What is the record date for the dividend payment from EMCOR Group?

The record date for the dividend payment is January 17, 2023.

Is EMCOR Group's dividend sustainable?

The regularity of the dividend payments suggests a sustainable financial position, but future sustainability will depend on ongoing financial performance.