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Espey Mfg. & Electronics declares special $0.75 dividend

Published 08/09/2025, 20:50
Espey Mfg. & Electronics declares special $0.75 dividend
ESP
5.48%

SARATOGA SPRINGS, N.Y. - Espey Mfg. & Electronics Corp. (NYSE AMERICAN:ESP) announced Monday its board of directors has declared a special cash dividend of $0.75 per share, in addition to its regular quarterly dividend of $0.25 per share.

Both dividends will be payable on September 26, 2025, to shareholders of record as of September 19, 2025, according to a company press release.

The special dividend represents a supplementary payment beyond the company’s standard quarterly distribution to shareholders.

Espey specializes in the development, design, and production of military and industrial power supplies and transformers. The company is headquartered in Saratoga Springs, New York.

The announcement comes as part of the company’s capital allocation strategy, though specific reasons for the special dividend were not detailed in the statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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