Espey Mfg. & Electronics Corp., a power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States and internationally. The company's principal products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, antennas, and high-power radar systems for use in AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power applications. It also provides various services comprising design and development to specification, build to print, design services, design studies, environmental testing services, metal fabrication, painting services, and development of automatic testing equipment. In addition, the company produces individual components, such as inductors, printed circuit boards, wires, and tests items. It serves industrial manufacturers and defense companies, the government of the United States, foreign governments, and foreign electronic equipment companies through its direct sales organization and outside sales representatives. The company was incorporated in 1928 and is based in Saratoga Springs, New York.
Espey & Electronics Dividend Announcement
• Espey & Electronics announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-20
• Espey & Electronics annual dividend for 2024 was $0.62
• Espey & Electronics annual dividend for 2023 was $0.50
• Espey & Electronics's trailing twelve-month (TTM) dividend yield is 2.69%
• Espey & Electronics's payout ratio for the trailing twelve months (TTM) is 36.58%
Espey & Electronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | $0.25 | quarterly | 2024-09-27 |
2024-06-17 | $0.20 | quarterly | 2024-06-24 |
2024-03-21 | $0.17 | quarterly | 2024-03-28 |
2023-12-14 | $0.15 | quarterly | 2023-12-22 |
2023-09-29 | $0.15 | quarterly | 2023-10-10 |
2023-06-22 | $0.10 | quarterly | 2023-06-28 |
2023-03-23 | $0.10 | quarterly | 2023-03-31 |
2020-12-21 | $0.25 | quarterly | 2020-12-29 |
2020-10-02 | $0.25 | quarterly | 2020-10-14 |
2020-06-18 | $0.25 | quarterly | 2020-06-25 |
2020-03-23 | $0.25 | quarterly | 2020-03-30 |
2019-12-20 | $0.25 | quarterly | 2019-12-30 |
2019-09-19 | $0.25 | quarterly | 2019-09-27 |
2019-06-18 | $0.25 | quarterly | 2019-06-27 |
2019-03-18 | $0.25 | quarterly | 2019-03-28 |
2018-12-20 | $0.25 | quarterly | 2018-12-28 |
2018-09-21 | $1.25 | quarterly | 2018-10-01 |
2018-06-14 | $0.25 | quarterly | 2018-06-26 |
2018-03-16 | $0.25 | quarterly | 2018-03-29 |
2017-12-15 | $0.25 | quarterly | 2017-12-28 |
2017-09-22 | $0.25 | quarterly | 2017-09-29 |
2017-06-16 | $0.25 | quarterly | 2017-06-27 |
2017-03-16 | $0.25 | quarterly | 2017-03-29 |
2016-12-21 | $0.25 | quarterly | 2016-12-29 |
2016-09-20 | $0.25 | quarterly | 2016-09-29 |
2016-06-09 | $0.25 | quarterly | 2016-06-23 |
2016-03-08 | $0.25 | quarterly | 2016-03-24 |
2015-12-16 | $0.25 | quarterly | 2015-12-28 |
2015-09-22 | $0.25 | quarterly | 2015-10-01 |
2015-06-25 | $0.25 | quarterly | 2015-07-07 |
2015-03-19 | $0.25 | quarterly | 2015-03-31 |
2014-12-16 | $0.25 | quarterly | 2014-12-23 |
2014-09-23 | $0.25 | quarterly | 2014-09-30 |
2014-06-12 | $0.25 | quarterly | 2014-06-27 |
2014-03-19 | $0.25 | quarterly | 2014-03-31 |
2013-12-10 | $1.00 | quarterly | 2013-12-19 |
2013-09-06 | $0.25 | quarterly | 2013-09-27 |
2013-06-12 | $0.25 | quarterly | 2013-06-28 |
2013-03-14 | $0.25 | quarterly | 2013-03-29 |
2012-12-11 | $1.00 | quarterly | 2012-12-20 |
2012-09-06 | $0.23 | quarterly | 2012-09-28 |
2012-06-18 | $0.23 | quarterly | 2012-06-30 |
2012-03-16 | $0.23 | quarterly | 2012-03-30 |
2011-11-30 | $1.23 | quarterly | 2011-12-22 |
2011-09-07 | $0.23 | quarterly | 2011-09-30 |
2011-06-01 | $0.23 | quarterly | 2011-06-24 |
2011-03-10 | $0.23 | quarterly | 2011-03-31 |
Espey & Electronics Dividend per year
Espey & Electronics Dividend growth
Espey & Electronics Dividend Yield
Espey & Electronics current trailing twelve-month (TTM) dividend yield is 2.69%. Interested in purchasing Espey & Electronics stock? Use our calculator to estimate your expected dividend yield:
Espey & Electronics Financial Ratios
Espey & Electronics Dividend FAQ
Other factors to consider when evaluating Espey & Electronics as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Espey & Electronics's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Espey & Electronics publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Espey & Electronics distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Espey & Electronics are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Espey & Electronics sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Espey & Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Espey & Electronics declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Espey & Electronics's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Espey & Electronics's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.