Ametek (AME) Raises Quarterly Dividend 55.6% to $0.14; 0.7% Yield
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AMETEK Increases Quarterly Dividend
February 1, 2018 6:56 AM ESTBERWYN, Pa., Feb. 1, 2018 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its Board of Directors has approved a 56% increase in its quarterly cash dividend on common stock to $0.14 per share from $0.09 per share. The dividend is payable on March 29, 2018 to shareholders of record as of March 16, 2018. This dividend increase will raise the indicated annual rate to $0.56 per share.Â
"AMETEK's businesses continue to operate at a very high level, delivering outstanding cash flow generation and excellent operating results," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "We remain focused on delivering double digit... More
