Ametek (AME) Raises Quarterly Dividend 28.6% to $0.18; 0.7% Yield

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AMETEK Increases Quarterly Dividend

February 12, 2020 8:00 AM EST

BERWYN, Pa., Feb. 12, 2020 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its Board of Directors has approved a 29% increase in its quarterly cash dividend on common stock to $0.18 per share from $0.14 per share. The dividend is payable on March 31, 2020 to shareholders of record as of March 13, 2020. This dividend increase will raise the indicated annual rate to $0.72 per share. 

"AMETEK's portfolio of highly differentiated businesses continues to deliver outstanding operating performance and cash flow generation," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "These results are... More