Standex International (SXI) will raise its quarterly dividend to $0.18 per share.
The new dividend will be paid on November 28, 2017 to shareholders of record on November 9, 2017. The new dividend yield for the company is 0.7%.
Standex has paid dividends each quarter since it became a public corporation in November 1964.
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.