STANDEX DECLARES 247th CONSECUTIVE QUARTERLY DIVIDEND
Rhea-AI Summary
Standex (NYSE: SXI) declared a quarterly cash dividend of $0.34 per share, an approximately 6.3% year‑over‑year increase. The dividend is payable May 22, 2026 to shareholders of record on May 8, 2026. This marks Standex's 247th consecutive quarterly cash dividend since becoming public in November 1964.
Positive
- Quarterly dividend of $0.34 per share
- 6.3% year-over-year dividend increase
- 247th consecutive quarterly dividend since 1964
- Payment date: May 22, 2026; record date: May 8, 2026
Negative
- None.
News Market Reaction – SXI
On the day this news was published, SXI declined 0.79%, reflecting a mild negative market reaction. Argus tracked a trough of -2.9% from its starting point during tracking. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $25M from the company's valuation, bringing the market cap to $3.20B at that time.
Data tracked by StockTitan Argus on the day of publication.
The dividend is the Company's 247th 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, Engineering Technologies, Scientific, Engraving, and Specialty Solutions with operations in
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SOURCE Standex International Corporation