STANDEX DECLARES 234th CONSECUTIVE QUARTERLY DIVIDEND

Rhea-AI Summary

Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.28 per share, payable on February 24, 2023, to shareholders of record as of February 9, 2023. This announcement marks the 234th consecutive quarterly cash dividend paid by the company, which has consistently paid dividends since becoming public in November 1964. With operations spanning across multiple countries including the U.S., Europe, and Asia, Standex continues to demonstrate its commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.28 per share enhances shareholder returns.
• 234th consecutive quarterly dividend reflects strong commitment to dividend policy.
• Dividends have been paid consistently since November 1964, showcasing financial stability.

Negative

• None.

News Market Reaction – SXI

+2.25%

+2.25% Session move

In the trading session that priced this news, SXI gained 2.25%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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SALEM, N.H., Jan. 27, 2023 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per share which is payable February 24, 2023, to shareholders of record on February 9, 2023. 

The dividend is the Company's 234^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 in January 2023?

Standex International Corporation declared a quarterly cash dividend of $0.28 per share.

When will the dividend be payable to shareholders?

The dividend will be payable on February 24, 2023.

What is the record date for Standex's dividend?

The record date for the dividend is February 9, 2023.

How many consecutive quarterly dividends has Standex paid?

Standex has paid 234 consecutive quarterly cash dividends.

Since when has Standex been paying dividends?

Standex has paid dividends since becoming a public corporation in November 1964.