The company said its Board of Directors on February 9, 2024 approved a 12% increase in the quarterly cash dividend on common stock, to $0.28 per share from $0.25 per share.

1. 01

   The company said its Board of Directors on February 9, 2024 approved a 12% increase in the quarterly cash dividend on common stock, to $0.28 per share from $0.25 per share.

2. 02

   It said the increased dividend will be paid on March 28, 2024 to shareholders of record as of March 8, 2024, and that the increase will raise the indicated annual rate to $1.12 per share.

3. 03

   AMETEK said Chairman and Chief Executive Officer David A. Zapico remains focused on deploying cash flows into strategic acquisitions, and that these cash flows allow the company to provide shareholders with a higher and consistently increasing cash dividend.

4. 04

   The company said it is an industrial technology solutions provider with annualized sales above $7.0 billion, and that it has set out the AMETEK Growth Model, which integrates the 4 growth strategies, along with a goal of double-digit percentage growth in earnings per share over the business cycle.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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