JBT Corp. (JBT) Declares $0.10 Quarterly Dividend, 0.4% Yield; Authorizes New $30M Share Buyback Plan

JBT Corp. (NYSE: JBT) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.

The dividend will be payable on September 4, 2018, to stockholders of record on August 20, 2018, with an ex-dividend date of August 17, 2018.

The annual yield on the dividend is 0.4 percent.

Share Buyback

The Board of Directors also authorized a new share repurchase plan of up to $30 million of the Company's common stock, effective January 1, 2019 through December 31, 2021. The timing, price and volume of the repurchases will be based on market conditions, relevant securities laws and other factors. The Company's existing plan will expire on December 31, 2018 in accordance with its terms, with all remaining share repurchase capacity under the existing plan expiring unutilized at such time.

For a dividend history and other dividend-related data on JBT Corp. (JBT) click here.

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