STOCK TITAN

IDEX Corporation Declares Regular Quarterly Cash Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

IDEX CORPORATION (NYSE:IEX) has declared a quarterly cash dividend of $0.50 per common share, scheduled for payment on January 29, 2021. Shareholders on record as of January 14, 2021 will receive this dividend. This marks the company’s 105th consecutive quarterly dividend.

IDEX operates globally with over 40 diverse businesses and around 7,000 employees, generating more than $2 billion in revenue.

Positive
  • Quarterly cash dividend of $0.50 per common share enhances shareholder value.
  • 105th consecutive quarterly dividend reflects strong financial stability.
Negative
  • None.

NORTHBROOK, Ill.--()--IDEX CORPORATION (NYSE:IEX) today announced that its Board of Directors has approved a regular quarterly cash dividend of $0.50 per common share. This dividend will be paid January 29, 2021 to shareholders of record as of January 14, 2021. This dividend represents the company’s 105th consecutive regular quarterly cash dividend payment.

About IDEX

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call 40 diverse businesses around the world part of the IDEX family. With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global $2+ billion company 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.

Contacts

William K. Grogan
Senior Vice President
Chief Financial Officer
847.498.7070

FAQ

What is the dividend payment date for IEX?

The dividend payment date for IEX is January 29, 2021.

What is the amount of the quarterly dividend declared by IEX?

IDEX has declared a quarterly dividend of $0.50 per common share.

Who are eligible shareholders for the IEX dividend?

Shareholders on record as of January 14, 2021, are eligible for the dividend.

How many consecutive quarterly dividends has IEX paid?

IDEX has paid 105 consecutive quarterly dividends.

IDEX Corporation

NYSE:IEX

IEX Rankings

IEX Latest News

IEX Stock Data

17.52B
75.57M
0.2%
102.51%
1.65%
Specialty Industrial Machinery
Pumps & Pumping Equipment
Link
United States of America
NORTHBROOK