Standex International Corporation announced on January 24, 2025, that its Board of Directors declared a quarterly cash dividend of $0.32 per share. This dividend represents an approximately 6.7% increase compared to the dividend paid in the corresponding quarter of the previous year.
The dividend is payable on February 28, 2025, to shareholders of record as of February 14, 2025. This marks the company's 242nd consecutive quarterly cash dividend, highlighting a consistent track record of returning capital to investors.
This sustained increase in the dividend payout reflects Standex's ongoing financial health and its management's positive outlook on future earnings and cash flow generation. It reinforces the company's commitment to delivering shareholder value.
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