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SALEM, N.H. - Standex International Corporation (NYSE:SXI), a $1.95 billion industrial manufacturer, announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.32 per share, representing a 6.7% increase from the previous year. According to InvestingPro data, the company has consistently raised its dividend for 14 consecutive years, with a current yield of 0.79%.
The dividend will be payable on August 22, 2025, to shareholders of record as of August 8, 2025, according to a company press release.
This marks Standex’s 244th consecutive quarterly cash dividend since becoming a public corporation in November 1964. The company has maintained an unbroken record of dividend payments in each quarter throughout this period, achieving a remarkable 55-year streak of consistent dividend payments. While trading at a relatively high P/E ratio of 31.42, InvestingPro analysis reveals 8 additional key insights about the company’s financial health and growth prospects.
Standex International operates as a global multi-industry manufacturer across five business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. The company maintains operations in multiple countries including the United States, Europe, Canada, Japan, Singapore, Mexico, Turkey, India, and China. Despite showing strong returns over the last three months and maintaining profitability over the past twelve months, InvestingPro’s comprehensive Fair Value analysis suggests the stock is currently trading above its intrinsic value.
In other recent news, Standex International Corporation reported strong financial results for the third quarter of 2025. The company achieved earnings per share of $1.95, surpassing the analyst forecast of $1.92. Additionally, Standex’s revenue exceeded expectations, reaching $207.8 million compared to the projected $204.71 million. These results indicate a positive performance for the company in the recent quarter. In other developments, Standex announced changes to its Board of Directors. Andy L. Nemeth was appointed as a Class III director, expanding the board to nine members. This change precedes the upcoming retirement of Thomas J. Hansen, whose term will expire in October 2025. Upon Hansen’s retirement, the board is expected to revert to eight members.
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