IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as offers flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries. The HST segment designs, produces, and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems, pneumatic components and sealing solutions, high performance molded and extruded sealing components, custom mechanical and shaft seals, engineered hygienic mixers and valves, biocompatible medical devices and implantables, air compressors and blowers, optical components and coatings, laboratory and commercial equipment, precision photonic solutions, and precision gear and peristaltic pump technologies. This segment serves food and beverage, pharmaceutical and biopharmaceutical, cosmetics, marine, chemical, wastewater and water treatment, life sciences, research, and defense markets. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; engineered stainless steel banding and clamping devices for various industrial and commercial applications; and precision equipment for dispensing, metering, and mixing colorants and paints used in retail and commercial businesses. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois.
IDEX Dividend Announcement
• IDEX announced a quarterly dividend of $0.69 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-11
• IDEX annual dividend for 2024 was $2.71
• IDEX annual dividend for 2023 was $2.52
• IDEX's trailing twelve-month (TTM) dividend yield is 1.48%
• IDEX's payout ratio for the trailing twelve months (TTM) is 41.07%
• IDEX's dividend growth over the last five years (2018-2023) was 8.71% year
• IDEX's dividend growth over the last ten years (2013-2023) was 10.97% year
IDEX Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | $0.69 | quarterly | 2024-10-25 |
2024-07-12 | $0.69 | quarterly | 2024-07-26 |
2024-05-16 | $0.69 | quarterly | 2024-05-31 |
2024-01-11 | $0.64 | quarterly | 2024-01-26 |
2023-10-12 | $0.64 | quarterly | 2023-10-27 |
2023-07-13 | $0.64 | quarterly | 2023-07-28 |
2023-06-08 | $0.64 | quarterly | 2023-06-23 |
2023-01-12 | $0.60 | quarterly | 2023-01-27 |
2022-10-13 | $0.60 | quarterly | 2022-10-28 |
2022-07-14 | $0.60 | quarterly | 2022-07-29 |
2022-05-16 | $0.60 | quarterly | 2022-05-27 |
2022-01-13 | $0.54 | quarterly | 2022-01-28 |
2021-10-14 | $0.54 | quarterly | 2021-10-29 |
2021-07-14 | $0.54 | quarterly | 2021-07-30 |
2021-05-21 | $0.54 | quarterly | 2021-05-28 |
2021-01-13 | $0.50 | quarterly | 2021-01-29 |
2020-10-14 | $0.50 | quarterly | 2020-10-30 |
2020-07-15 | $0.50 | quarterly | 2020-07-31 |
2020-05-14 | $0.50 | quarterly | 2020-05-29 |
2020-01-14 | $0.50 | quarterly | 2020-01-30 |
2019-10-15 | $0.50 | quarterly | 2019-10-31 |
2019-07-15 | $0.50 | quarterly | 2019-07-31 |
2019-05-16 | $0.50 | quarterly | 2019-05-31 |
2019-01-14 | $0.43 | quarterly | 2019-01-30 |
2018-10-15 | $0.43 | quarterly | 2018-10-31 |
2018-07-13 | $0.43 | quarterly | 2018-07-31 |
2018-05-14 | $0.43 | quarterly | 2018-05-31 |
2018-01-11 | $0.37 | quarterly | 2018-01-30 |
2017-10-13 | $0.37 | quarterly | 2017-10-31 |
2017-07-12 | $0.37 | quarterly | 2017-07-31 |
2017-05-11 | $0.37 | quarterly | 2017-05-31 |
2017-01-11 | $0.34 | quarterly | 2017-01-31 |
2016-10-13 | $0.34 | quarterly | 2016-10-31 |
2016-07-13 | $0.34 | quarterly | 2016-07-29 |
2016-04-14 | $0.34 | quarterly | 2016-04-29 |
2016-01-13 | $0.32 | quarterly | 2016-01-29 |
2015-10-14 | $0.32 | quarterly | 2015-10-30 |
2015-07-14 | $0.32 | quarterly | 2015-07-31 |
2015-04-17 | $0.32 | quarterly | 2015-04-30 |
2015-01-13 | $0.28 | quarterly | 2015-01-31 |
2014-10-14 | $0.28 | quarterly | 2014-10-31 |
2014-07-14 | $0.28 | quarterly | 2014-07-31 |
2014-04-16 | $0.28 | quarterly | 2014-04-30 |
2014-01-13 | $0.23 | quarterly | 2014-01-31 |
2013-10-10 | $0.23 | quarterly | 2013-10-31 |
2013-07-15 | $0.23 | quarterly | 2013-07-31 |
2013-04-17 | $0.23 | quarterly | 2013-04-30 |
2013-01-09 | $0.20 | quarterly | 2013-01-31 |
IDEX Dividend per year
IDEX Dividend growth
IDEX Dividend Yield
IDEX current trailing twelve-month (TTM) dividend yield is 1.48%. Interested in purchasing IDEX stock? Use our calculator to estimate your expected dividend yield:
IDEX Financial Ratios
IDEX Dividend FAQ
Other factors to consider when evaluating IDEX 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: IDEX'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, IDEX 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, IDEX 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 IDEX 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: IDEX 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, IDEX distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: IDEX 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 IDEX'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 IDEX'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.