STANDEX DECLARES 243rd CONSECUTIVE QUARTERLY DIVIDEND
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 year-over-year. The dividend will be paid on May 23, 2025, to shareholders of record as of May 9, 2025.
This marks the company's 243rd consecutive quarterly dividend payment, maintaining an unbroken streak since becoming a public in November 1964.
Positive
- 6.7% increase in quarterly dividend payment
- Consistent 243-quarter track record of dividend payments
- 60+ years of uninterrupted quarterly dividend payments since going public
Negative
- None.
News Market Reaction – SXI
On the day this news was published, SXI gained 3.21%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The dividend is the Company's 243rd 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
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SOURCE Standex International Corporation