Standex International (SXI) will raise its quarterly dividend by 10.0 percent to $0.22 per share in 2019. This marks the 10th consecutive year of annual dividend increases by the industrial company.

The next dividend is payable November 26, 2019 to shareholders of record on November 12, 2019. A new annual rate of 88 cents per share yields 1.2% at a stock price of $72.38. The dividend is the company's 221st consecutive quarterly cash dividend.

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. Standex has paid dividends each quarter since it became a public corporation in November 1964.