IDEX Corporation (IEX) To Go Ex-Dividend on May 22nd

IDEX Corporation (NYSE:IEX) announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.73 per share by the industrial products company on Friday, June 5th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, May 22nd. This is a 2.8% increase from IDEX’s previous quarterly dividend of $0.71.

IDEX has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 16 years. IDEX has a payout ratio of 32.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect IDEX to earn $9.22 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 31.7%.

IDEX Price Performance

Shares of IDEX stock opened at $205.22 on Wednesday. The firm has a fifty day simple moving average of $200.21 and a 200-day simple moving average of $191.61. The company has a current ratio of 3.39, a quick ratio of 2.40 and a debt-to-equity ratio of 0.46. IDEX has a 1-year low of $157.25 and a 1-year high of $223.85. The stock has a market capitalization of $15.19 billion, a price-to-earnings ratio of 30.36, a PEG ratio of 2.05 and a beta of 1.02.

IDEX (NYSE:IEX) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.22. The business had revenue of $886.90 million during the quarter, compared to analysts’ expectations of $845.58 million. IDEX had a net margin of 14.38% and a return on equity of 15.29%. IDEX’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the previous 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. On average, sell-side analysts expect that IDEX will post 8.5 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.