JBT Corporation Declares Quarterly Dividend

Rhea-AI Summary

On August 13, 2020, JBT Corporation (NYSE: JBT) declared a quarterly cash dividend of $0.10 per share, payable on September 8, 2020. Stockholders of record by August 24, 2020 will be eligible for this dividend. JBT, a global technology solutions provider in the food & beverage industry, focuses on proteins, liquid foods, and automated systems through its FoodTech segment, while its AeroTech segment serves the air transportation sector. The company employs around 6,300 people across more than 25 countries.

Positive

• Quarterly cash dividend of $0.10 per share enhances shareholder returns.
• Company's extensive operations in over 25 countries indicate global reach and market stability.
• Focus on high-value segments like food & beverage suggests potential for sustained revenue growth.

Negative

• None.

CHICAGO, Aug. 13, 2020 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced that on August 13, 2020 its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on September 8, 2020 to stockholders of record at the close of business on August 24, 2020.

JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry with focus on proteins, liquid foods and automated system solutions. JBT designs, produces and services sophisticated products and systems for multi-national and regional customers through its FoodTech segment. JBT also sells critical equipment and services to domestic and international air transportation customers through its AeroTech segment. JBT Corporation employs approximately 6,300 people worldwide and operates sales, service, manufacturing and sourcing operations in more than 25 countries. For more information, please visit www.jbtc.com.

Investors & Media:     Megan Rattigan     (312) 861-6048

View original content:http://www.prnewswire.com/news-releases/jbt-corporation-declares-quarterly-dividend-301112240.html

SOURCE JBT Corporation

FAQ

What is the amount of the dividend declared by JBT?

JBT declared a quarterly cash dividend of $0.10 per share.

When will the JBT dividend be paid?

The dividend will be payable on September 8, 2020.

What is the record date for JBT's dividend?

The record date for the dividend is August 24, 2020.

How often does JBT pay dividends?

JBT has a history of declaring quarterly dividends.

Is the JBT dividend sustainable?

The sustainability of the JBT dividend depends on the company's financial performance and market conditions.