Espey declares $1.00 per share dividend for Sept. 25
Espey (ESP) declared a $0.75 special cash dividend plus its $0.25 regular dividend and confirmed Kaitlyn O’Neil as Chief Financial Officer & Treasurer.
Rhea-AI Filing Summary
ESPEY MFG & ELECTRONICS CORP (ESP) announced that its Board of Directors declared a special cash dividend of $0.75 per share, in addition to a regular quarterly dividend of $0.25 per share. Both dividends are payable on September 25, 2026 to shareholders of record on September 18, 2026.
The Board also promoted Kaitlyn O’Neil, previously Principal Financial Officer & Treasurer, to Chief Financial Officer & Treasurer. In this role, she will continue overseeing the company’s financial organization and leading its financial strategy, reporting, planning, and related corporate functions.
Positive
- Declared $1.00 per-share total dividends for the period, including a $0.75 special cash dividend on top of the regular $0.25 quarterly dividend, signaling capacity to return additional cash to shareholders.
- Formal promotion of Kaitlyn O’Neil to Chief Financial Officer & Treasurer provides continuity in financial leadership, as she was already serving as Principal Financial Officer & Treasurer and leading key finance functions.
Negative
- None.
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special cash dividend financial
regular quarterly dividend financial
Principal Financial Officer financial
forward-looking statements regulatory
FAQ
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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ITEM 8.01 Other Events
On September 8, 2026 Espey Mfg. & Electronics Corp. issued a press release announcing that the Company's Board of Directors had declared a special cash dividend of $0.75 per share. This special dividend is in addition to a regular dividend of $0.25 per share. The dividends will be payable on September 25, 2026 to all shareholders of record on September 18, 2026.
On the same date, the Board of Directors promoted Kaitlyn O’Neil to be the Chief Financial Officer & Treasurer. Ms. O’Neil was already the Principal Financial Officer & Treasurer of the corporation.
A copy of the press release is furnished as Exhibit 99.1 to this report. The information in this report shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act), as amended, or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
ITEM 9.01 Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
| Exhibit No. | Document | |
| 99.1 | Press Release dated September 8, 2026 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: September 8, 2026 | ESPEY MFG. & ELECTRONICS CORP. | |
| By: | /s/ Kaitlyn O’Neil | |
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Kaitlyn O’Neil Chief Financial Officer
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Espey Announces Special Cash Dividend of $0.75 Per Share Plus Regular Quarterly Dividend of $0.25 Per Share, and the promotion of Kaitlyn O’Neil to Chief Financial Officer
Saratoga Springs, NY; September 8, 2026 - The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a special cash dividend of $0.75 per share. This special dividend is in addition to a regular quarterly dividend of $0.25 per share. The dividend will be payable on September 25, 2026 to all shareholders of record on September 18, 2026.
On the same date, the Board of Directors promoted Kaitlyn O’Neil to be the Chief Financial Officer & Treasurer. Ms. O’Neil was already the Principal Financial Officer & Treasurer of the corporation. In this role, Kaitlyn will continue overseeing the Company’s financial organization and will be responsible for leading its financial strategy, reporting, planning, and related corporate functions. Kaitlyn will continue to work closely with the Board of Directors and senior leadership team to support the Company’s continued growth and long-term strategic objectives.
Mr. David O’Neil, President and CEO commented,
On behalf of the Board of Directors, I am pleased to congratulate Kaitlyn on this well-deserved promotion to Chief Financial Officer. Kaitlyn’s leadership, financial expertise, and deep understanding of our business have made her an important member of our leadership team.
Kaitlyn O’Neil and David O’Neil are of no relation.
Espey's primary business is the development, design, and production of specialized military and industrial power supplies/transformers. The Company can be found on the Internet at www.espey.com.
For further information, contact Ms. Kaitlyn O’Neil at invest@espey.com.
Certain statements in this press release are "forward-looking statements" and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company's current expectations or beliefs concerning future events. The matters covered by these statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.
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