STANDEX DECLARES 239th CONSECUTIVE QUARTERLY DIVIDEND

Rhea-AI Summary

Standex International (NYSE: SXI) declared a quarterly cash dividend of $0.30 per share, marking a 7.1% year-on-year increase. This dividend, payable on May 24, 2024, to shareholders of record on May 10, 2024, represents the company's 239th consecutive quarterly cash dividend since November 1964.

Positive

• Standex International declared a 7.1% year-on-year increase in its quarterly cash dividend.
• The dividend amount is $0.30 per share.
• Shareholders of record on May 10, 2024, will receive the dividend on May 24, 2024.
• This dividend marks the company's 239th consecutive quarterly cash dividend since November 1964.

Negative

• None.

SALEM, N.H., April 25, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share, an approximately 7.1% year-on-year increase. The dividend is payable May 24, 2024, to shareholders of record on May 10, 2024. 

The dividend is the Company's 239^th 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, Turkey, South Africa, India and China. For additional information, visit the Company's website at www.standex.com.

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SOURCE Standex International Corporation

FAQ

What is the dividend amount declared by Standex International (NYSE: SXI)?

Standex International declared a quarterly cash dividend of $0.30 per share.

When is the dividend payable to shareholders of Standex International (NYSE: SXI)?

The dividend is payable on May 24, 2024, to shareholders of record on May 10, 2024.

How many consecutive quarterly cash dividends has Standex International (NYSE: SXI) paid?

Standex International has paid 239 consecutive quarterly cash dividends since November 1964.