AMETEK Increases Quarterly Dividend
Rhea-AI Summary
AMETEK (NYSE: AME) announced a 10% increase in its quarterly cash dividend to $0.34 per share from $0.31. The first-quarter dividend is payable March 31, 2026 to holders of record on March 16, 2026, raising the indicated annual rate to $1.36 per share.
Management cited strong growth, cash flow generation and a solid financial position, and reaffirmed a commitment to strategic acquisitions alongside returning cash to shareholders. Company annual sales are about $7.5 billion.
Positive
- Quarterly dividend increased 10% to $0.34 per share
- Indicated annual dividend raised to $1.36 per share
- Dividend payable March 31, 2026; record date March 16, 2026
- Annual sales approximately $7.5 billion, supporting cash generation
Negative
- None.
News Market Reaction
On the day this news was published, AME declined 2.81%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"AMETEK continues to perform exceptionally well, delivering strong growth, outstanding cash flow generation and excellent operating results," stated David A. Zapico, Chairman and Chief Executive Officer. "AMETEK remains committed to deploying our robust cash flows on strategic acquisitions to enhance long-term shareholder value. Given our strong financial position, we are also able to provide our shareholders with a higher and steadily increasing cash dividend."
Corporate Profile:
AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of approximately
Contact:
Kevin Coleman
Vice President, Investor Relations and Treasurer
kevin.coleman@ametek.com
Phone: 610.889.5247
View original content:https://www.prnewswire.com/news-releases/ametek-increases-quarterly-dividend-302685491.html
SOURCE AMETEK, Inc.