Standex International Co. (NYSE:SXI) announced a quarterly dividend on Thursday, July 22nd, RTT News reports. Shareholders of record on Monday, August 2nd will be given a dividend of 0.24 per share by the industrial products company on Wednesday, August 25th. This represents a $0.96 dividend on an annualized basis and a yield of 1.04%.
Standex International has increased its dividend by 36.4% over the last three years and has raised its dividend annually for the last 11 consecutive years.
Shares of NYSE:SXI traded up $1.26 during trading on Thursday, hitting $91.88. 23,947 shares of the stock were exchanged, compared to its average volume of 42,263. Standex International has a 1-year low of $51.74 and a 1-year high of $108.17. The stock has a market capitalization of $1.13 billion, a P/E ratio of 23.54, a price-to-earnings-growth ratio of 1.29 and a beta of 1.27. The company has a fifty day moving average price of $95.66. The company has a quick ratio of 1.97, a current ratio of 2.66 and a debt-to-equity ratio of 0.41.
Several brokerages recently commented on SXI. Zacks Investment Research lowered Standex International from a “buy” rating to a “hold” rating in a research note on Tuesday, July 13th. Barrington Research reiterated an “outperform” rating and issued a $113.00 price objective (up previously from $110.00) on shares of Standex International in a research report on Friday, May 7th.
Standex International Company Profile
Standex International Corporation, together with subsidiaries, manufactures and sells various products and services for commercial and industrial markets in the United States and internationally. The company operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.
Featured Story: Cost of Debt
Receive News & Ratings for Standex International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standex International and related companies with MarketBeat.com's FREE daily email newsletter.