Ametek (AME) Raises Quarterly Dividend 13.6% to $0.25; 0.7% Yield
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +11.8%
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Ametek (NYSE: AME) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 13.6% increase from the prior dividend of $0.22.
The dividend will be payable on March 31, 2023, to stockholders of record on March 10, 2023, with an ex-dividend date of March 9, 2023.
The annual yield on the dividend is 0.7 percent.
"AMETEK's businesses continue to operate at a very high level, delivering exceptional operating performance and outstanding cash flow generation," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Our primary use of free cash flow remains supporting our acquisition strategy, driving long-term shareholder value. Our strong cash flow also allows us to reward our shareholders with a consistently increasing cash dividend."
For a dividend history and other dividend-related data on Ametek (AME) click here.
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