IDEX Corporation (NYSE:IEX) Increases Dividend to $0.73 Per Share

IDEX Corporation (NYSE:IEX) declared a quarterly dividend on Wednesday, May 6th. Investors of record on Friday, May 22nd will be given 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 yield of 1.3%. The ex-dividend date is Friday, May 22nd. This is a 2.8% increase from IDEX’s previous quarterly dividend of $0.71.

IDEX has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 16 consecutive years. IDEX has a dividend payout ratio of 31.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect IDEX to earn $9.22 per share next year, which means the company should continue to be able to cover its $2.84 annual dividend with an expected future payout ratio of 30.8%.

IDEX Stock Up 1.2%

NYSE IEX opened at $218.43 on Thursday. The stock’s 50 day moving average is $199.39 and its 200 day moving average is $188.86. 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 12 month low of $157.25 and a 12 month high of $223.85. The stock has a market cap of $16.17 billion, a PE ratio of 32.31, a P/E/G ratio of 2.12 and a beta of 1.02.

IDEX (NYSE:IEX) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.22. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The company had revenue of $886.90 million for the quarter, compared to analysts’ expectations of $845.58 million. During the same period in the previous year, the firm earned $1.75 EPS. The firm’s revenue was up 8.9% compared to the same quarter last year. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. Research analysts predict that IDEX will post 8.5 EPS for the current fiscal 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.