IDEX Corporation Declare Regular Quarterly Cash Dividend

Rhea-AI Summary

IDEX Corporation (NYSE:IEX) has announced a quarterly cash dividend of $0.60 per common share, set to be paid on January 27, 2023, to shareholders of record as of January 13, 2023. This marks the company's 113th consecutive quarterly cash dividend payment. IDEX operates over 45 businesses globally, reporting nearly $2.8 billion in annual sales and employing more than 8,000 staff across more than 20 countries.

Positive

• Quarterly cash dividend of $0.60 enhances shareholder income.
• 113th consecutive dividend payment reflects company stability.

Negative

• None.

NORTHBROOK, Ill.--(BUSINESS WIRE)-- IDEX CORPORATION (NYSE:IEX) today announced that its Board of Directors has approved a regular quarterly cash dividend of $0.60 per common share. This dividend will be paid January 27, 2023 to shareholders of record as of January 13, 2023. This dividend represents the company’s 113^th consecutive regular quarterly cash dividend payment.

About IDEX

IDEX Corporation (NYSE: IEX) makes thousands of products and mission-critical components that improve everyday life all around you. If you enjoy chocolate, it quite possibly passed through a Viking® internal gear pump at the candy factory. If you were ever in a car accident, emergency workers may have used the Hurst Jaws of Life® rescue tool to save your life. If your doctor ordered a DNA test to predict your risk of disease or determine a course of treatment, the lab may have used equipment containing components made by IDEX Health & Science. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call over 45 diverse businesses around the world part of the IDEX family. With more than 8,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global company with nearly $2.8 billion in annual sales, committed to making trusted solutions that improve lives. IDEX shares are traded on the New York Stock Exchange under the symbol “IEX”.

For further information on IDEX Corporation and its business units, visit the company’s website at www.idexcorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221109006072/en/

Allison Lausas

Vice President

Chief Accounting Officer

847.498.7070

Source: IDEX Corporation

FAQ

What is the dividend payment amount for IEX?

IDEX Corporation has announced a dividend payment of $0.60 per common share.

When will the IEX dividend be paid?

The dividend will be paid on January 27, 2023.

What is the record date for the IEX dividend?

The record date for the dividend is January 13, 2023.

How many consecutive quarterly dividends has IEX paid?

IDEX Corporation has paid 113 consecutive quarterly cash dividends.

What is the significance of IEX's dividend announcement?

The dividend announcement highlights IDEX's commitment to returning value to its shareholders.