STANDEX DECLARES 242nd CONSECUTIVE QUARTERLY DIVIDEND

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.

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.

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News Market Reaction – SXI

In the trading session that priced this news, SXI gained 0.28%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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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.

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SOURCE Standex International Corporation

FAQ

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

What is Standex's (SXI) latest quarterly dividend amount for 2025?

Standex's latest quarterly dividend is $0.32 per share, announced on January 24, 2025.

When is the payment date for Standex's (SXI) Q1 2025 dividend?

The dividend payment date is February 28, 2025, for shareholders of record as of February 14, 2025.

How much did Standex (SXI) increase its dividend in 2025?

Standex increased its quarterly dividend by 6.7% year-over-year in 2025.

How many consecutive quarters has Standex (SXI) paid dividends?

Standex has paid dividends for 242 consecutive quarters, since becoming a public in November 1964.

What is the record date for Standex's (SXI) February 2025 dividend?

The record date for Standex's February 2025 dividend is February 14, 2025.