JBT Corporation Declares Quarterly Dividend

Rhea-AI Summary

JBT Corporation (NYSE: JBT) declared a quarterly cash dividend of $0.10 per share on February 23, 2023. The dividend will be payable on March 20, 2023, to stockholders of record by March 6, 2023. JBT operates in the food & beverage industry, providing technology solutions with a focus on proteins and liquid foods through its FoodTech segment, as well as serving air transportation customers through AeroTech. The company employs around 7,200 staff globally and maintains operations in over 25 countries.

Positive

• Declaration of a quarterly dividend of $0.10 per share, indicating strong cash flow and shareholder returns.
• Presence in high-value segments of the food and beverage industry, suggesting sustainable revenue streams.

Negative

• None.

News Market Reaction – JBT

-1.14%

-1.14% Session move

In the trading session that priced this news, JBT declined 1.14%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CHICAGO, Feb. 23, 2023 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced that on February 23, 2023, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on March 20, 2023, to stockholders of record at the close of business on March 6, 2023.

JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry with focus on proteins, liquid foods and automated system solutions. JBT designs, produces and services sophisticated products and systems for multi-national and regional customers through its FoodTech segment. JBT also sells critical equipment and services to domestic and international air transportation customers through its AeroTech segment. JBT Corporation employs approximately 7,200 people worldwide and operates sales, service, manufacturing, and sourcing operations in more than 25 countries. For more information, please visit www.jbtc.com.

Investors & Media

Kedric Meredith

(312) 861-6034

View original content:https://www.prnewswire.com/news-releases/jbt-corporation-declares-quarterly-dividend-301754812.html

SOURCE JBT Corporation

FAQ

What is the dividend amount declared by JBT Corporation?

JBT Corporation declared a quarterly cash dividend of $0.10 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 20, 2023.

What is the record date for JBT's dividend?

The record date for the dividend is March 6, 2023.

How does JBT Corporation perform in the food and beverage industry?

JBT Corporation provides technology solutions focusing on high-value segments such as proteins and liquid foods.

How many employees does JBT Corporation have?

JBT Corporation employs approximately 7,200 people worldwide.