Vontier Declares Regular Dividend

Rhea-AI Summary

Vontier Corporation (NYSE: VNT) announced a quarterly cash dividend of $0.025 per share, payable on December 23, 2021. The record date for stockholders is set for December 2, 2021. While Vontier aims to maintain quarterly dividends, future declarations will depend on the Board's discretion. The company, focusing on transportation and mobility solutions, serves over 260,000 customer fueling sites and monitors 480,000 commercial vehicles, indicating a strong market presence.

Positive

• Quarterly cash dividend of $0.025 per share supports income for shareholders.
• Strong operational metrics, serving over 260,000 customer fueling sites.
• Expectation of continued investment in growth opportunities due to cash flow characteristics.

Negative

• Future dividend payments are subject to Board discretion, introducing uncertainty.
• Potential risks from economic instability and international trade policies could impact business performance.

RALEIGH, N.C.--(BUSINESS WIRE)-- Vontier Corporation ("Vontier") (NYSE: VNT), a global industrial technology company, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.025 per share payable on December 23, 2021, to stockholders of record on December 2, 2021. Although Vontier expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates, and the payment dates for any such future dividend payments, is subject to the discretion of the Board of Directors.

ABOUT VONTIER

Vontier is a global industrial technology company focused on transportation and mobility solutions. The company’s portfolio of trusted brands includes market-leading expertise in mobility technologies, retail and commercial fueling, fleet management, telematics, vehicle diagnostics and repair, and smart cities end-markets. Vontier’s innovative products, services, and software advance efficiency, safety, security, and environmental compliance worldwide.

Guided by the proven Vontier Business System and an unwavering commitment to continuous improvement and customer success, Vontier keeps traffic flowing through more than 90,000 intersections, serves more than 260,000 customer fueling sites, monitors more than 480,000 commercial vehicles, and equips over 600,000 auto technicians worldwide. Vontier’s history of innovation, margin profile, and cash flow characteristics are expected to support continued investment across a spectrum of compelling organic and capital deployment growth opportunities. Vontier is mobilizing the future to create a better world.

FORWARD-LOOKING STATEMENTS

This release contains forward-looking statements within the meaning of the federal securities laws. These statements include, but are not limited to statements regarding Vontier Corporation’s (the “Company’s”) business, and any other statements identified by their use of words like “anticipate,” “expect,” “believe,” “outlook,” “guidance,” or “will” or other words of similar meaning. There are a number of important risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These risks and uncertainties include, among other things, the duration and ongoing impact of the COVID-19 pandemic, deterioration of or instability in the economy, the markets we serve, international trade policies and the financial markets, contractions or lower growth rates and cyclicality of markets we serve, competition, changes in industry standards and governmental regulations that may adversely impact demand for our products or our costs, our ability to successfully identify, consummate, integrate and realize the anticipated value of appropriate acquisitions and successfully complete divestitures and other dispositions, our ability to develop and successfully market new products, software, and services and expand into new markets, the potential for improper conduct by our employees, agents or business partners, impact of divestitures, contingent liabilities relating to acquisitions and divestitures, impact of changes to tax laws, our compliance with applicable laws and regulations and changes in applicable laws and regulations, risks relating to international economic, political, legal, compliance and business factors, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, our ability to pay cash dividends declared by our Board of Directors to our stockholders, our ability to adequately protect our intellectual property rights, risks relating to product, service or software defects, product liability and recalls, risks relating to product manufacturing, our relationships with and the performance of our channel partners, commodity costs and surcharges, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, security breaches or other disruptions of our information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211116005064/en/

Lisa Curran

Vice President, Investor Relations

Vontier Corporation

5438 Wade Park Boulevard, Suite 600

Raleigh, NC, 27607

Telephone: (984) 275-6000

Source: Vontier Corporation

FAQ

What is the dividend amount declared by Vontier Corporation?

Vontier Corporation declared a quarterly cash dividend of $0.025 per share.

When is the dividend payable for Vontier Corporation?

The dividend is payable on December 23, 2021.

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

The record date for the dividend is December 2, 2021.

How often does Vontier Corporation pay dividends?

Vontier Corporation aims to pay dividends on a quarterly basis.

Are future dividends guaranteed for Vontier Corporation?

Future dividends are not guaranteed and are subject to the discretion of the Board of Directors.