JBT Corporation Declares Quarterly Dividend

Rhea-AI Summary

JBT Corporation (NYSE: JBT) declared a quarterly cash dividend of $0.10 per share on December 2, 2020. The payment will be issued on December 28, 2020 to stockholders of record by the close of business on December 14, 2020. JBT is a global technology solutions provider serving high-value segments in the food & beverage industry and air transportation, employing approximately 6,200 people worldwide. This dividend declaration reflects the company’s commitment to returning value to shareholders.

Positive

• Declared a quarterly cash dividend of $0.10 per share.
• Dividend payment demonstrates commitment to returning value to shareholders.
• Strong operational presence with services in over 25 countries.

Negative

• None.

CHICAGO, Dec. 2, 2020 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced that on December 2, 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 December 28, 2020 to stockholders of record at the close of business on December 14, 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 6,200 people worldwide and operates sales, service, manufacturing and sourcing operations in more than 25 countries. For more information, please visit www.jbtc.com.

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Megan Rattigan

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SOURCE JBT Corporation

FAQ

What is the dividend amount declared by JBT Corporation in December 2020?

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

When will JBT Corporation pay its declared dividend?

The dividend will be payable on December 28, 2020.

What is the record date for JBT Corporation's dividend?

The record date for the dividend is December 14, 2020.

How frequently does JBT Corporation declare dividends?

JBT Corporation typically declares dividends quarterly.

Is JBT Corporation's dividend sustainable?

The sustainability of JBT Corporation's dividend will depend on its financial performance and cash flow.