Espey Declares Regular Quarterly Dividend of $0.25 Per Share and Appoints New Audit Committee Chair

Espey (NYSE AMERICAN: ESP) declared a regular quarterly cash dividend of $0.25 per share.

Rhea-AI Summary

Espey (NYSE AMERICAN: ESP) declared a regular quarterly cash dividend of $0.25 per share. The dividend is payable on December 26, 2025 to shareholders of record on December 19, 2025.

Separately, Nancy Patzwahl was designated as the new Chair of the Audit Committee effective December 5, 2025, succeeding Paul Corr, who will remain on the board and on the Audit Committee.

The company develops, designs, and produces specialized military and industrial power supplies and transformers. For investor inquiries, contact invest@espey.com.

Positive

• Quarterly dividend of $0.25 declared
• Payable on December 26, 2025; record date December 19, 2025
• Audit committee leadership transition completed with Nancy Patzwahl as chair

Negative

• Cash outflow required to fund the December 26 dividend
• No financial guidance or earnings disclosed to contextualize the dividend

Argus Dec 8 session

-2.66% close to close Open Argus

Details

News Market Reaction – ESP

In the Dec 8 session, ESP declined 2.66%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement combines a regular $0.25 quarterly dividend with a governance update appointing a ...

Analysis

This announcement combines a regular $0.25 quarterly dividend with a governance update appointing a new Audit Committee Chair. It reinforces Espey’s ongoing pattern of shareholder distributions following a year of stronger profitability and a growing backlog. Investors may watch how board and committee changes support oversight of defense-focused contracts, capital allocation, and future dividend decisions, as well as how consistent cash generation underpins ongoing payouts.

Key Figures

Regular quarterly dividend: $0.25 per share Dividend payable date: December 26, 2025 Shareholder record date: December 19, 2025

Regular quarterly dividend

$0.25 per share

Declared by Board of Directors

Dividend payable date

December 26, 2025

Payment date for declared dividend

Shareholder record date

December 19, 2025

Record date for dividend eligibility

Historical Context

5 past events · Latest: Dec 08

5 events

1. Dec 08

   Dividend declaration

   24h Move

   -2.7%

   Regular $0.25 dividend and new Audit Committee Chair appointment.

2. Nov 12

   Quarterly earnings

   24h Move

   -0.3%

   Q1 FY2026 showed higher net income despite lower net sales.

3. Oct 22

   Facility expansion

   24h Move

   +2.5%

   Completion of Magnetics Center of Excellence facility expansion and ramp.

4. Sep 16

   Annual earnings

   24h Move

   -1.4%

   FY2025 net sales, income, and backlog all increased year over year.

5. Sep 08

   Special dividend

   24h Move

   -4.3%

   Announcement of $0.75 special plus $0.25 regular dividend distribution.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

audit committee, forward-looking statements, safe harbor provisions

3 terms

audit committee financial

"was designated by the Board of Directors as the new Chair of the Audit Committee"

A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.

forward-looking statements regulatory

"Certain statements in this press release are "forward-looking statements""

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

safe harbor provisions regulatory

"and are made pursuant to the safe harbor provisions of the Private Securities"

Safe harbor provisions are rules or legal protections that shield companies or individuals from certain penalties or liabilities when they follow specific guidelines or procedures. They provide a sense of security, encouraging compliance and innovation by reducing the fear of legal repercussions if they act in good faith. For investors, these provisions help ensure that companies are transparent and accountable without the risk of unfair punishment for honest mistakes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SARATOGA SPRINGS, N.Y., Dec. 08, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.25 per share. The dividend will be payable on December 26, 2025 to all shareholders of record on December 19, 2025.

On December 5, 2025, Nancy Patzwahl was designated by the Board of Directors as the new Chair of the Audit Committee, succeeding Paul Corr, who the Board and management recognized for his dedicated service during the lengthy tenure of his chairmanship. Mr. Corr will continue as board member and member of the Audit Committee.

Espey's primary business is the development, design, and production of specialized military and industrial power supplies/transformers. The Company can be found on the Internet at www.espey.com.

For further information, contact Ms. Kaitlyn O’Neil at invest@espey.com.

Certain statements in this press release are "forward-looking statements" and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company's current expectations or beliefs concerning future events. The matters covered by these statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.

FAQ

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

What dividend did Espey (ESP) declare on December 8, 2025?

Espey declared a regular quarterly cash dividend of $0.25 per share on December 8, 2025.

When is the Espey (ESP) dividend payment date and record date for December 2025?

The dividend is payable on December 26, 2025 to shareholders of record on December 19, 2025.

Who is the new Audit Committee chair at Espey (ESP) as of December 2025?

Nancy Patzwahl was designated as the new Audit Committee chair effective December 5, 2025.

Will Paul Corr remain with Espey (ESP) after the audit committee chair change?

Yes. Paul Corr will continue as a board member and as a member of the Audit Committee.

How can investors contact Espey (ESP) for more information about the dividend?

Investors can contact Ms. Kaitlyn O’Neil at invest@espey.com for more information.

Does the press release provide earnings or guidance to explain Espey’s dividend decision?

No. The release announces the dividend and leadership change but does not provide earnings or guidance.