AMETEK Declares Quarterly Dividend

Rhea-AI Summary

AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.28 per share for the second quarter ending June 30, 2024. The dividend is payable on June 28, 2024, to shareholders of record as of June 14, 2024. AMETEK is a global provider of industrial technology solutions with annualized sales of approximately $7.0 billion. The company focuses on growth strategies, cash generation, and capital deployment to achieve double-digit percentage growth in earnings per share and superior return on total capital.

BERWYN, Pa., May 9, 2024 /PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.28 per share for the second quarter ending June 30, 2024.

This second quarter dividend is payable June 28, 2024 to shareholders of record as of June 14, 2024.

Corporate Profile
AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annualized sales of approximately $7.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500. For more information, visit www.ametek.com.

Contact:
Kevin Coleman
Vice President, Investor Relations and Treasurer
kevin.coleman@ametek.com
Phone: 610.889.5247 

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SOURCE AMETEK, Inc.

FAQ

What dividend did AMETEK declare for the second quarter of 2024?

AMETEK declared a regular quarterly dividend of $0.28 per share for the second quarter ending June 30, 2024.

When will the dividend be payable to shareholders?

The dividend will be payable on June 28, 2024, to shareholders of record as of June 14, 2024.

What is AMETEK's annualized sales?

AMETEK has annualized sales of approximately $7.0 billion.

What are AMETEK's growth strategies?

AMETEK integrates Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions as growth strategies.

When was AMETEK founded?

AMETEK was founded in 1930 and has been listed on the NYSE for over 90 years.

What is AMETEK's objective regarding earnings per share growth?

AMETEK aims for double-digit percentage growth in earnings per share over the business cycle.

What index is AMETEK a component of?

AMETEK is a component of the S&P 500 index.