IDEX Corporation (IEX) to Distribute Quarterly Dividend of $0.73 on July 24th

IDEX Corporation (NYSE:IEX) announced a quarterly dividend on Wednesday, June 17th. Investors of record on Monday, July 6th will be given a dividend of 0.73 per share by the industrial products company on Friday, July 24th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Monday, July 6th.

IDEX has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 16 years. IDEX has a dividend payout ratio of 32.7% meaning its dividend is sufficiently covered by earnings. Analysts expect IDEX to earn $9.25 per share next year, which means the company should continue to be able to cover its $2.92 annual dividend with an expected future payout ratio of 31.6%.

IDEX Stock Performance

Shares of NYSE IEX opened at $224.26 on Friday. The company has a quick ratio of 2.40, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. The firm’s 50-day moving average price is $216.05 and its two-hundred day moving average price is $202.37. IDEX has a 52-week low of $157.25 and a 52-week high of $230.18. The stock has a market capitalization of $16.60 billion, a P/E ratio of 33.17, a P/E/G ratio of 2.20 and a beta of 0.98.

IDEX (NYSE:IEX) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.78 by $0.22. The company had revenue of $886.90 million during the quarter, compared to analyst estimates of $845.58 million. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The business’s revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.75 earnings per share. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. As a group, sell-side analysts forecast that IDEX will post 8.49 earnings per share for the current year.

IDEX Company Profile

IDEX Corporation is a diversified industrial manufacturer specializing in the design, production and distribution of highly engineered fluidics systems, measurement technologies and safety solutions. The company’s core offerings include positive-displacement pumps, flow meters, valves, sampling systems and analytical instruments that serve a wide range of end markets such as water treatment, chemical processing, energy, food and beverage, and life sciences. Through its focus on precision engineering and proprietary material science, IDEX delivers products designed for reliability in demanding applications.

Operations at IDEX are organized into three principal segments.