Standex International (SXI) will raise its quarterly dividend to $0.16 per share.

The increased dividend is payable November 25, 2016 to shareholders of record November 7, 2016.

The dividend is the Company’s 209th consecutive quarterly cash dividend. Standex has paid dividends each quarter since it became a public corporation in November 1964.

The $0.64 per share annual dividend translates into an estimated dividend yield of 0.8% at a current stock price of $82.65 for Standex International.

Standex International Corporation is a multi-industry manufacturer in five broad business segments: Food Service Equipment, Engineering Technologies, Engraving, Electronics, and Hydraulics with operations in the United States, Europe, Canada, Australia, Singapore, Mexico, Brazil, Argentina, Turkey, South Africa, India, China and Japan.