STANDEX DECLARES 242nd CONSECUTIVE QUARTERLY DIVIDEND

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Rhea-AI Summary

Standex International (NYSE: SXI) has announced its Board of Directors' declaration of a quarterly cash dividend of $0.32 per share, representing a 6.7% increase compared to the previous year. The dividend will be paid on February 28, 2025, to shareholders of record as of February 14, 2025.

This marks Standex's 242nd consecutive quarterly dividend payment, maintaining an unbroken streak since the company went public in November 1964.

Positive

6.7% year-over-year dividend increase
242 consecutive quarters of dividend payments showing strong financial stability
Consistent dividend history since 1964 demonstrating long-term shareholder commitment

Negative

None.

News Market Reaction 1 Alert

+0.28% News Effect

On the day this news was published, SXI gained 0.28%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

01/24/2025 - 09:32 AM

SALEM, N.H., Jan. 24, 2025 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per share, an approximately 6.7% year-on-year increase. The dividend is payable February 28, 2025, to shareholders of record on February 14, 2025.

The dividend is the Company's 242^nd 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, Turkey, India and China. For additional information, visit the Company's website at www.standex.com.