Standex Reports 242 Consecutive Quarterly Dividends in 2025

Standex International Corporation Declares 242nd Consecutive Dividend

In a significant announcement on January 24, 2025, Standex International Corporation (NYSE: SXI) revealed that its Board of Directors has declared a quarterly cash dividend of $0.32 per share. This marks a notable increase of approximately 6.7% compared to the previous year, reflecting the company's strong performance and commitment to shareholder returns.

The newly declared dividend will be payable on February 28, 2025, to all shareholders on record as of February 14, 2025. This occurrence marks Standex's 242nd consecutive quarterly cash dividend. The company has maintained a consistent dividend payment history since it became publicly listed in November 1964, exemplifying its stability and reliability in the market.

Standex International operates as a global multi-industry manufacturer, with diverse activities spanning five broad segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. The corporation has established an extensive presence with operations in various countries, including the United States, Canada, Japan, Singapore, Mexico, Turkey, India, and China. This expansive global footprint allows Standex to leverage diverse markets and drive growth across its business segments.

The commitment to returning value to shareholders is a key aspect of Standex's corporate strategy. Each quarterly dividend payment represents not only a reward for shareholders but also the company’s resilience and strategic endeavor to enhance shareholder wealth. As markets evolve and industries adapt, Standex's maintained dividend tradition serves to reassure the investor community of its solid fundamentals and ongoing business reliability.

According to David Dunbar, President and CEO of Standex, this dividend declaration reflects the board's confidence in the company's financial strength and operational success. He emphasized the management's ongoing efforts to achieve sustainable growth while serving the interests of stakeholders, including employees, customers, and shareholders alike.

As we look ahead, Standex International Corporation continues to pursue innovative solutions and technologies within its various business segments. This focus not only enhances its offerings but also supports the company's mission of delivering premium value to customers and investors alike.

With a strong historical precedent, the 242nd consecutive quarterly dividend highlights not just a commitment to shareholder returns, but also the company's ongoing success in navigating through economic fluctuations and market changes. As Standex progresses into 2025, stakeholders can expect continued efforts for growth, operational excellence, and the assurance of financial prudence.

For further information about Standex International Corporation and its diverse business operations, visit their official website at www.standex.com. This resource offers insights into the company's market strategies, product offerings, and additional shareholder communications.