AMETEK Declares Quarterly Dividend

AMETEK, Inc. (NYSE: AME) has declared a quarterly dividend of $0.20 per share for Q4 2021, with a payment date set for December 24, 2021.

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Rhea-AI Sentiment

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Rhea-AI Summary

AMETEK, Inc. (NYSE: AME) has declared a quarterly dividend of $0.20 per share for Q4 2021, with a payment date set for December 24, 2021. Shareholders of record as of December 8, 2021 will be eligible. The company, a prominent manufacturer of electronic instruments and electromechanical devices, reported annual sales of approximately $5.5 billion. AMETEK aims for double-digit growth in earnings per share and is a member of the S&P 500.

Positive

Quarterly dividend of $0.20 per share boosts shareholder income.
Company's annualized sales stand at approximately $5.5 billion, indicating strong financial performance.

Negative

None.

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News Market Reaction – AME

The recorded move for AME in the trading session of this news was +0.38%.

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11/05/2021 - 08:04 AM EDT

BERWYN, Pa., Nov. 5, 2021 /PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.20 per share for the fourth quarter ending December 31, 2021.

This fourth quarter dividend is payable December 24, 2021 to shareholders of record as of December 8, 2021.

Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with annualized sales of approximately $5.5 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:
Kevin Coleman
Vice President, Investor Relations & Treasurer
kevin.coleman@ametek.com
Phone: 610-889-5247

View original content:https://www.prnewswire.com/news-releases/ametek-declares-quarterly-dividend-301417271.html

SOURCE AMETEK, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by AMETEK for Q4 2021?

AMETEK declared a quarterly dividend of $0.20 per share for Q4 2021.

When will AMETEK's Q4 2021 dividend be paid?

The dividend will be paid on December 24, 2021.

What is the record date for AMETEK's Q4 2021 dividend?

The record date for the dividend is December 8, 2021.

How does AMETEK's dividend compare to its financial performance?

AMETEK has reported annual sales of approximately $5.5 billion, supporting its ability to issue dividends.

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