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BUFFALO, N.Y. - Allient Inc. (NASDAQ:ALNT), a designer and manufacturer of precision motion, controls and power products, announced Wednesday that its Board of Directors has approved a quarterly cash dividend of $0.03 per share. According to InvestingPro data, the company has maintained dividend payments for 15 consecutive years, with increases in the past four years, demonstrating a strong commitment to shareholder returns.
The dividend will be paid on September 4, 2025, to stockholders of record as of the close of business on August 21, 2025, according to a company press release.
Allient, which has approximately 17.0 million shares outstanding, serves various industries including medical, life sciences, aerospace and defense, industrial automation, robotics, semiconductor, transportation, agriculture, construction and facility infrastructure.
The Buffalo, New York-based company employs more than 2,500 people globally and specializes in motion, controls and power technologies. With a strong current ratio of 4.03, the company maintains healthy liquidity to support its operations. For deeper insights into Allient’s financial health and 12 additional exclusive ProTips, visit InvestingPro.
In other recent news, Allient Inc. reported impressive financial results for the first quarter of 2025, surpassing both earnings and revenue expectations. The company achieved an adjusted earnings per share of $0.46, which was significantly higher than the forecasted $0.35. Additionally, Allient’s revenue reached $132.8 million, exceeding the anticipated $125.3 million, highlighting strong performance and investor confidence. Meanwhile, AstroNova Inc. has been actively engaging with its shareholders as it prepares for its Annual Meeting of Stockholders on July 9, 2025. The company is seeking support against an activist campaign led by Samir Patel and Askeladden Capital Management LLC. AstroNova’s management emphasized the company’s growth and transformation under CEO Gregory Woods, noting a 7.5% compound annual revenue growth and record revenue of over $150 million in fiscal 2025. These developments reflect significant corporate activities and financial achievements for both companies.
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