Espey Increases and Declares Regular Quarterly Dividend of $0.25 Per Share
Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has announced a significant increase in its regular quarterly dividend. The Board of Directors has declared a dividend of $0.25 per share, representing a 25% increase from the previous dividend. This enhanced dividend will be payable on September 27, 2024, to shareholders of record as of September 20, 2024.
Espey specializes in the development, design, and production of military and industrial power supplies/transformers. This dividend increase may signal strong financial performance and confidence in the company's future prospects, potentially attracting income-focused investors.
Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) ha annunciato un significativo aumento del suo dividendo trimestrale regolare. Il Consiglio di Amministrazione ha dichiarato un dividendo di $0,25 per azione, che rappresenta un incremento del 25% rispetto al precedente dividendo. Questo dividendo potenziato sarà pagabile il 27 settembre 2024 agli azionisti registrati al 20 settembre 2024.
Espey si specializza nello
Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) ha anunciado un aumento significativo en su dividendo trimestral regular. La Junta Directiva ha declarado un dividendo de $0.25 por acción, lo que representa un incremento del 25% respecto al dividendo anterior. Este dividendo mejorado será pagadero el 27 de septiembre de 2024, a los accionistas registrados a partir del 20 de septiembre de 2024.
Espey se especializa en el desarrollo, diseño y producción de fuentes de alimentación/transformadores militares e industriales. Este aumento en el dividendo puede señalar un sólido rendimiento financiero y confianza en las perspectivas futuras de la empresa, lo que podría atraer a inversores enfocados en ingresos.
Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP)는 정기 분기 배당금을 대폭 인상했다고 발표했습니다. 이사회는 $0.25 주당 배당금을 선언했으며, 이전 배당금보다 25% 인상된 것입니다. 이 인상된 배당금은 2024년 9월 27일에 정기주주에게 2024년 9월 20일 기준으로 지급될 예정입니다.
Espey는 군용 및 산업용 전원 공급 장치/변압기 개발, 설계 및 제작에 전문화되어 있습니다. 이 배당금 증가가 회사의 강력한 재무 성과와 미래 전망에 대한 신뢰를 나타내며, 수익 중심의 투자자들을 끌어들일 가능성이 있습니다.
Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) a annoncé une augmentation significative de son dividende trimestriel régulier. Le Conseil d'Administration a déclaré un dividende de $0,25 par action, représentant une augmentation de 25% par rapport au précédent dividende. Ce dividende amélioré sera payable le 27 septembre 2024 aux actionnaires enregistrés au 20 septembre 2024.
Espey se spécialise dans le dévéloppement, la conception et la production d'alimentations/transformateurs militaires et industriels. Cette augmentation de dividende peut signaler une solide performance financière et une confiance dans les perspectives futures de l'entreprise, attirant potentiellement des investisseurs axés sur le revenu.
Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) hat eine erhebliche Erhöhung seiner regulären vierteljährlichen Dividende angekündigt. Der Vorstand hat eine Dividende von $0,25 pro Aktie erklärt, die eine 25%ige Erhöhung im Vergleich zur vorherigen Dividende darstellt. Diese erhöhte Dividende wird am 27. September 2024 an die Aktionäre, die am 20. September 2024 verzeichnet sind, ausgezahlt.
Espey ist auf die Entwicklung, das Design und die Produktion von militärischen und industriellen Stromversorgungen/Transformatoren spezialisiert. Diese Dividendensteigerung könnte auf eine starke finanzielle Leistung und Vertrauen in die zukünftigen Aussichten des Unternehmens hinweisen, was potenziell einkommensorientierte Investoren anziehen könnte.
- 25% increase in quarterly dividend to $0.25 per share
- Dividend increase suggests strong financial performance and company confidence
- Continued commitment to shareholder returns
- None.
SARATOGA SPRINGS, N.Y., Sept. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of
Espey's primary business is the development, design, and production of specialized military and industrial power supplies/transformers. The Company can be found on the Internet at www.espey.com.
For further information, contact Ms. Katrina Sparano at invest@espey.com.
Certain statements in this press release are "forward-looking statements" and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company's current expectations or beliefs concerning future events. The matters covered by these statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.
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