STOCK TITAN

Standex Announces 9% Increase In Quarterly Dividend

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

Standex International Corporation (NYSE: SXI) has announced a quarterly cash dividend of $0.24 per share, reflecting a 9% increase from previous payments. This dividend, marking the 225th consecutive quarterly payment, will be distributed on November 25, 2020, to shareholders on record as of November 10, 2020. The company has consistently paid dividends since going public in November 1964.

Positive
  • Dividend increased to $0.24 per share, a 9% boost.
  • 225th consecutive quarterly cash dividend.
  • Consistent dividend payments since November 1964.
Negative
  • None.

SALEM, N.H., Oct. 22, 2020 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per share, a 9% increase over the prior four quarterly dividend payments. The dividend is payable November 25, 2020 to shareholders of record on November 10, 2020.

The dividend is the Company's 225th consecutive quarterly cash dividend. Standex has paid dividends each quarter since it became a public corporation in November 1964.

About Standex
Standex International Corporation is a global multi-industry manufacturer in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies and Specialty Solutions with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Brazil, Turkey, South Africa, India and China.  For additional information, visit the Company's website at www.standex.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/standex-announces-9-increase-in-quarterly-dividend-301158077.html

SOURCE Standex International Corporation

FAQ

What is the new dividend amount for SXI?

The new dividend amount for Standex International Corporation (SXI) is $0.24 per share.

When will the dividend for SXI be paid?

The dividend will be paid on November 25, 2020.

What is the record date for SXI's dividend?

The record date for the dividend is November 10, 2020.

How much has SXI increased its dividend?

SXI has increased its dividend by 9%.

How long has SXI been paying dividends?

Standex has been paying dividends since November 1964.

Standex International Corporation

NYSE:SXI

SXI Rankings

SXI Latest News

SXI Stock Data

2.32B
11.88M
1.75%
94.8%
1.76%
Specialty Industrial Machinery
Refrigeration & Service Industry Machinery
Link
United States of America
SALEM