Standex Declares 227th Consecutive Quarterly Dividend

Rhea-AI Summary

Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.24 per share, payable on May 25, 2021, to shareholders of record by May 11, 2021. This marks the company's 227th consecutive quarterly dividend, maintaining a consistent dividend payout since going public in November 1964. The announcement reflects the company’s commitment to return value to its shareholders.

Positive

• Quarterly cash dividend of $0.24 per share enhances shareholder return.
• 227th consecutive quarterly dividend demonstrates consistent dividend policy.

Negative

• None.

News Market Reaction – SXI

-0.36%

-0.36% Session move

In the trading session that priced this news, SXI declined 0.36%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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SALEM, N.H., April 28, 2021 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per share, which is payable May 25, 2021 to shareholders of record on May 11, 2021.

The dividend is the Company's 227^th consecutive quarterly cash dividend. Standex has paid dividends each quarter since it became a public corporation in November 1964.

About Standex

Standex International Corporation is a global multi-industry manufacturer in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies and Specialty Solutions with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Brazil, Turkey, South Africa, India and China.  For additional information, visit the Company's website at www.standex.com.

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SOURCE Standex International Corporation

FAQ

What is the dividend amount declared by Standex International Corporation (SXI)?

Standex International Corporation (SXI) has declared a quarterly cash dividend of $0.24 per share.

When will the dividend be paid to shareholders of Standex (SXI)?

The dividend will be paid on May 25, 2021, to shareholders of record on May 11, 2021.

How long has Standex International Corporation (SXI) been paying dividends?

Standex International Corporation has paid dividends each quarter since it went public in November 1964.