Allied Motion (AMOT) Raises Quarterly Dividend 20% to $0.03; 0.3% Yield

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Allied Motion Increases Quarterly Cash Dividend 20%

May 3, 2023 4:15 PM EDT

AMHERST, N.Y.--(BUSINESS WIRE)-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (Allied Motion or the Company), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share, up 20% from the... More