Standex International Corporation (NYSE:SXI) Board Authorize Quarterly Dividend

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Standex International Corporation (NYSE:SXI) declared quarterly dividend of $ 0.22 per share, or $ 0.88 annualized.

The dividend will be payable on August 25, 2020, to stockholders of record on August 6, 2020, with an ex-dividend date of August 5, 2020.

Dividends History
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Click Here For More Historical Dividends Of Standex International Corporation

Recent Earnings Announcement

Standex International Corporation unfold income for the third quarter of $ 0.96 per share, from the revenue of $ 155.47 million. The quarterly earnings improved 47.69 percent compared with the same quarter last year. Wall street analysts are predicting, SXI to report 3Q20 income of $ 0.90 per share from revenue of $ 153.23 million. The bottom line results beat street analysts by $ 0.06 or 6.67 percent, at the same time, top line results outshined analysts by $ 2.24 million or 1.46 percent.

Stock Performance

According to the previous trading day, closing price of SXI was $ 56.47, representing a 50.59 % increase from the 52 week low of $ 37.50 and a 30.87 % decrease over the 52 week high of $ 81.69.

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The company has a market capital of $ 709.45 million and is part of the Industrials sector and Diversified Industrials industry.

Standex International Corporation manufactures and sells various products and services for commercial and industrial markets in the United States and internationally. The Food Service Equipment segment offers refrigerated cabinets, cases, display units, walk-in coolers, and freezers; commercial ovens, char broilers, ranges, griddles, toasters, warmers, roller grills, and countertop merchandisers; commercial cook and hold units, rotisseries, pressure fryers, and baking equipment; commercial deep fryers; merchandizing display cases; pump systems; and cold storage equipment. Its Engraving segment provides mold texturizing products and slush molding tools; and roll engraving, hygiene product tooling, low observation vents for stealth aircraft, and process machineries, as well as project management and design, and chemical and laser texturing services to original equipment manufacturers, product designers, tier one suppliers, and toolmakers.