AMETEK Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of AMETEK declared a quarterly dividend of $0.18 per share for Q4, payable on December 24, 2020 to shareholders of record by December 7, 2020. In 2019, AMETEK reported sales of approximately $5.0 billion. The company employs a Growth Model emphasizing Operational Excellence, New Product Development, Global Expansion, and Strategic Acquisitions, aiming for double-digit earnings per share growth and superior capital returns.

Positive

• Quarterly dividend of $0.18 per share provides income for shareholders.
• Company's 2019 sales of approximately $5.0 billion indicate strong financial performance.
• Growth model focused on earnings per share growth and capital efficiency.

Negative

• None.

BERWYN, Pa., Nov. 6, 2020 /PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.18 per share for the fourth quarter ending December 31, 2020.

This fourth quarter dividend is payable December 24, 2020 to shareholders of record as of December 7, 2020.

Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with 2019 sales of approximately $5.0 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. The common stock of AMETEK is a component of the S&P 500.

Contact:
AMETEK, Inc.
Kevin Coleman
Vice President, Investor Relations
1100 Cassatt Road
Berwyn, Pennsylvania 19312
kevin.coleman@ametek.com 
Phone: 610.889.5247

 

View original content:http://www.prnewswire.com/news-releases/ametek-declares-quarterly-dividend-301167580.html

SOURCE AMETEK, Inc.

FAQ

What is the AMETEK dividend amount for Q4 2020?

The dividend amount for Q4 2020 is $0.18 per share.

When is the AMETEK Q4 dividend payment date?

The Q4 dividend payment date is December 24, 2020.

What is the record date for AMETEK's Q4 dividend?

The record date for the Q4 dividend is December 7, 2020.

How does AMETEK plan to achieve growth?

AMETEK aims for growth through Operational Excellence, New Product Development, Global Expansion, and Strategic Acquisitions.