Standex International Corporation (SXI) To Go Ex-Dividend on August 7th

Standex International Corporation (NYSE:SXI) announced a quarterly dividend on Thursday, July 23rd. Investors of record on Friday, August 7th will be paid a dividend of 0.34 per share by the industrial products company on Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Friday, August 7th.

Standex International has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 14 years. Standex International has a dividend payout ratio of 15.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Standex International to earn $9.96 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 13.7%.

Standex International Stock Down 1.8%

SXI stock opened at $302.99 on Friday. The stock’s 50 day simple moving average is $301.42 and its 200 day simple moving average is $272.08. The company has a market cap of $3.67 billion, a P/E ratio of 36.91, a price-to-earnings-growth ratio of 3.44 and a beta of 1.03. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.23 and a current ratio of 3.05. Standex International has a fifty-two week low of $162.69 and a fifty-two week high of $363.89.

Standex International (NYSE:SXI) last announced its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.22 by ($0.01). The firm had revenue of $224.59 million during the quarter, compared to analyst estimates of $225.16 million. Standex International had a net margin of 11.18% and a return on equity of 14.38%. The company’s revenue was up 8.1% on a year-over-year basis. During the same period last year, the business posted $1.95 EPS. On average, research analysts expect that Standex International will post 8.58 earnings per share 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.