IDEX Corporation Increases Regular Quarterly Dividend From $0.60 To $0.64/Share
Portfolio Pulse from Happy Mohamed
IDEX Corporation (NYSE:IEX) has announced a 7% increase in its regular quarterly cash dividend to $0.64 per common share, to be paid on June 23, 2023. This marks the company's 114th consecutive regular quarterly cash dividend payment.
May 25, 2023 | 6:32 pm
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POSITIVE IMPACT
IDEX Corporation (NYSE:IEX) has increased its regular quarterly cash dividend by 7% to $0.64 per share, marking the 114th consecutive payment.
The increase in IDEX Corporation's regular quarterly cash dividend is a positive signal for investors, as it indicates the company's financial stability and commitment to shareholder returns. This news is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100