AMETEK Announces Quarterly Dividend Increase and Major Share Buyback Plan

AMETEK Expands Shareholder Returns

In a recent announcement, AMETEK, Inc. (NYSE: AME), a prominent player in industrial technology solutions, revealed a significant enhancement to its shareholder return strategy. The company’s Board of Directors has approved an 11% increase in its quarterly cash dividend for common stock, raising the amount from $0.28 to $0.31 per share. This adjustment marks a notable step in AMETEK's commitment to delivering consistent value to its investors. The increased dividend will be enacted on March 31, 2025, for shareholders recorded as of March 14, 2025, projecting an annual rate of $1.24 per share.

In conjunction with the dividend increase, AMETEK also disclosed a comprehensive $1.25 billion share repurchase authorization. This initiative replaces the prior $1 billion buyback plan approved in May 2022, which had approximately $590 million still available for execution. The fresh authorization is a clear sign of AMETEK's robust financial standing and its strategic approach to enhancing shareholder value through operational flexibility.

David A. Zapico, AMETEK's Chairman and CEO, commented on the decisions, stating, "AMETEK remains committed to deploying our robust cash flows on strategic acquisitions to enhance long-term shareholder value. Given our strong financial position, we are also able to provide our shareholders with a higher and steadily increasing dividend. The increased share repurchase authorization provides us with added flexibility to enhance shareholder value through the opportunistic repurchase of our common stock."

Corporate Outlook

Founded in 1930, AMETEK stands as a leading global provider of industrial technology solutions, offering a diverse array of products and services across niche markets. The company's reported annual sales approach $7.0 billion, and it has established a strong reputation on the NYSE for over nine decades, with a current presence in the S&P 500 index.

AMETEK’s growth model revolves around a balanced strategy that emphasizes operational excellence, technological innovation, market expansion, and strategic acquisitions. The aim is to achieve double-digit percentage growth in earnings per share over the business cycle while simultaneously ensuring superior returns on total capital.

As AMETEK furthers its commitment to investors through dividend increases and share repurchase opportunities, the company exemplifies a solid business commitment to maintaining shareholder confidence. Investors looking to capitalize on corporate performance can do so with the reassurance that AMETEK's management is strategically positioned to enhance shareholder wealth.

With these initiatives, AMETEK not only strengthens its appeal to current investors but also positions itself as an attractive option for potential investors seeking stability and growth in the industrial sector. The company’s strategic financial decisions reflect a proactive approach designed to maximize long-term value, reinforcing its role as a leading entity in the industry.

For more information about AMETEK’s operations and strategic initiatives, please visit www.ametek.com.