IDEX Corporation (IEX) will raise its quarterly dividend by 21.7 percent to $0.28 per share in 2014. This follows a 3 cent per share dividend increase to 23 cents quarterly in the previous year.
IDEX Corporation is an engineered products company specialized in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products. The company's business segments are: Fluid & Metering Technologies, Health & Science Technologies and Fire & Safety/Diversified Products. IDEX was incorporated in 1987 and has paid a consecutive regular quarterly cash dividend every year since 1995.