IDEX Corp (IEX) will raise its quarterly dividend by 16.2 percent to $0.43 per share in 2018. This marks the 9th consecutive year of dividend increases by the industrial company. The new dividend yield for IEX is 1.2%.
The next dividend will be paid May 31, 2018 to shareholders of record as of May 15, 2018. This dividend represents the company’s 94th consecutive regular quarterly cash dividend payment.
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.