IDEX Corporation (NYSE:IEX) Declares Quarterly Dividend of $0.73

IDEX Corporation (NYSE:IEX) declared a quarterly dividend on Wednesday, September 16th. Stockholders of record on Friday, October 2nd will be paid a dividend of 0.73 per share by the industrial products company on Friday, October 16th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, October 2nd.

IDEX has raised 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% meaning its dividend is sufficiently covered by earnings. Analysts expect IDEX to earn $9.64 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 30.3%.

IDEX Stock Performance

Shares of IEX stock opened at $221.67 on Thursday. The company has a current ratio of 3.05, a quick ratio of 2.15 and a debt-to-equity ratio of 0.46. The stock has a 50 day simple moving average of $228.64 and a 200-day simple moving average of $215.15. The company has a market cap of $16.34 billion, a price-to-earnings ratio of 31.90, a price-to-earnings-growth ratio of 2.52 and a beta of 0.98. IDEX has a 12-month low of $158.19 and a 12-month high of $243.80.

IDEX (NYSE:IEX) last posted its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $2.32 earnings per share for the quarter, beating analysts’ consensus estimates of $2.11 by $0.21. The firm had revenue of $920.60 million for the quarter, compared to the consensus estimate of $905.38 million. IDEX had a return on equity of 15.69% and a net margin of 14.49%.The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.07 earnings per share. IDEX has set its FY 2026 guidance at 8.700-8.850 EPS and its Q3 2026 guidance at 2.200-2.250 EPS. On average, equities analysts forecast that IDEX will post 8.83 EPS for the current year.

About IDEX

IDEX Corporation (NYSE: IEX) is an industrial technology company that designs, manufactures and markets engineered products and systems used in a range of specialized applications. Its portfolio includes pumps, valves, flow meters, compressors, dispensing equipment and other fluid-handling technologies that help customers move, measure and control liquids and gases.

The company operates through businesses focused on Fluid and Metering Technologies, Health and Science Technologies, and Fire and Safety/Diversified Products.