IDEX Corporation (NYSE:IEX) will begin trading ex-dividend on July 15, 2020. The quarterly dividend payment of $ 0.50 per share is scheduled to be paid on July 31, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on July 15, 2020.
Dividends History
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Recent Earnings Announcement
IDEX Corporation unveiled income for the first quarter of $ 1.33 per share, from the revenue of $ 594.46 million. The quarterly earnings down 7.64 percent while revenues shrunk 4.46 percent compared with the same quarter last year.
According to street consensus, IEX was expected to report 1Q20 income of $ 1.30 per share from revenue of $ 597.50 million. The bottom line results beat street analysts by $ 0.03 or 2.31 percent, at the same time, top line results fell short of analysts by $ 3.04 million or 0.51 percent.
Stock Performance
According to the previous trading day, closing price of IEX was $ 162.79, representing a 55.69 % increase from the 52 week low of $ 104.56 and a 8.62 % decrease over the 52 week high of $ 178.14.
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The company has a market capital of $ 12.27 billion and is part of the Industrials sector and Diversified Industrials industry.
IDEX Corporation, through its subsidiaries, operates as an applied solutions company 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, 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.
