Standex International Corporation (SXI) To Go Ex-Dividend on February 13th

Standex International Corporation (NYSE:SXI) announced a quarterly dividend on Friday, January 23rd. Stockholders of record on Friday, February 13th will be given a dividend of 0.34 per share by the industrial products company on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, February 13th.

Standex International has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 14 consecutive years. Standex International has a payout ratio of 15.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Standex International to earn $9.62 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 14.1%.

Standex International Stock Performance

NYSE:SXI opened at $242.14 on Friday. The stock has a market capitalization of $2.93 billion, a P/E ratio of 55.54 and a beta of 1.12. The company has a current ratio of 2.87, a quick ratio of 2.07 and a debt-to-equity ratio of 0.77. Standex International has a 1 year low of $128.85 and a 1 year high of $253.14. The firm has a 50 day moving average of $235.46 and a 200-day moving average of $215.90.

Standex International (NYSE:SXI) last released its quarterly earnings results on Friday, October 31st. The industrial products company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.05. Standex International had a return on equity of 14.20% and a net margin of 6.29%.The firm had revenue of $217.43 million during the quarter, compared to analysts’ expectations of $215.96 million. During the same period last year, the firm posted $1.84 EPS. The business’s revenue was up 27.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Standex International will post 7.9 EPS for the current fiscal year.

About Standex International

Standex International Corporation is a diversified global manufacturer specializing in food service equipment, engineered components, and industrial products. Operating across multiple markets, the company designs and produces commercial cooking and warming solutions, precision-engraved nameplates and decorative products, fluid power hydraulics, and magnetics-based electronics. These offerings serve a broad array of end markets, including quick-service restaurants, automotive, aerospace, medical devices, and consumer appliances.

With business organized into key segments—Food Service Equipment, Engraving & Decorating, Hydraulics, Industrial Electronics, and Technical Graphical Solutions—Standex delivers a combination of proprietary technology, automated manufacturing processes, and custom engineering services.