Vontier Declares Regular Dividend

Rhea-AI Summary

Vontier (NYSE: VNT), a global provider of critical technologies for the mobility ecosystem, has declared a regular quarterly cash dividend of $0.025 per share. The dividend will be payable on June 27, 2024, to shareholders of record as of June 6, 2024. While Vontier plans to continue paying dividends on a quarterly basis, future declarations, amounts, record dates, and payment dates will be determined at the discretion of its Board of Directors.

Positive

• Vontier has declared a regular quarterly cash dividend of $0.025 per share.
• The dividend payment date is set for June 27, 2024.
• Shareholders of record as of June 6, 2024, will receive the dividend.
• The company plans to continue paying dividends on a quarterly basis.

Negative

• Future dividend declarations, amounts, record dates, and payment dates are subject to the Board of Directors' discretion and are not guaranteed.

RALEIGH, N.C.--(BUSINESS WIRE)-- Vontier Corporation (“Vontier”) (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.025 per share payable on June 27, 2024, to stockholders of record on June 6, 2024. 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 (NYSE: VNT) is a global industrial technology company uniting productivity, automation and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier enables the way the world moves – delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation built upon the foundation of the Vontier Business System and embraced by colleagues worldwide. Additional information about Vontier is available on the Company’s website at www.vontier.com.

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 acquisition opportunities and anticipated earnings, 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, 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, war or hostility, 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 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 technology systems, adverse effects of restructuring activities, impact of changes to U.S. GAAP, labor matters, and disruptions relating to man-made and natural disasters. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Form 10-K for the year ended December 31, 2023. These forward-looking statements represent Vontier’s beliefs and assumptions only as of the date of this release and Vontier does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240524095377/en/

Ryan Edelman

Vice President, Investor Relations

Vontier Corporation

5438 Wade Park Blvd, Suite 600

Raleigh, NC, 27607

Telephone: (984) 275-6000

Source: Vontier Corporation

FAQ

What dividend did Vontier (VNT) declare in its recent PR?

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

When is the dividend payment date for Vontier's recent dividend declaration?

The dividend payment date is June 27, 2024.

What is the record date for Vontier's dividend payable on June 27, 2024?

The record date is June 6, 2024.

Is Vontier planning to continue paying dividends regularly?

Yes, Vontier expects to pay dividends on a quarterly basis, but future declarations are at the Board of Directors' discretion.