By Kelly Cloonan
IDEX raised its quarterly dividend 2.9% to 71 cents per share from 69 cents.
The increase was approved by the industrial manufacturer's board of directors, IDEX said Thursday. The new quarterly payout, equal to $2.84 a year, represents an annual yield of 1.6% based on Wednesday's closing price of $180.09.
The new dividend will be paid May 30 to shareholders of record as of May 19, the company said.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
May 08, 2025 13:16 ET (17:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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