Standex International stock dividend – Standex International Corporation Set to Go Ex-Dividend with Attractive US$0.28 Dividend

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Standex International ($NYSE:SXI) Corporation is a publicly-traded company listed on the NYSE. The company is engaged in the manufacture and distribution of a wide range of products, including industrial machinery, food service and custom-engineered solutions. Standex recently announced that it is set to become ex-dividend in the next 3 days, paying out a dividend of US$0.28 per share. This is an attractive offer for investors looking to get some return from their stock holdings. The dividend payment could provide an additional source of income for those who own shares in the company.

It could also provide an opportunity for investors to reinvest the dividend back into the Standex stock, taking advantage of the potentially attractive returns. The dividend payment will be paid out on the expected ex-dividend date, which means that shareholders must hold the stock before this date to receive the dividend. The company is in a strong position financially and has a long history of providing high returns to its shareholders. Plus, the US$0.28 dividend per share could be a great incentive for those considering investing in Standex International Corporation.

Dividends – Standex International stock dividend

Standex International Corporation is set to go ex-dividend with an attractive dividend of US$0.28 per share. Over the last three years, the company has issued annual dividends per share of US$1.08, US$1.02 and US$0.94 respectively. According to the latest estimates, the dividend yields for the years 2021 to 2023 are 1.09%, 1.04% and 1.24% respectively with an average dividend yield of 1.12%. These yields make Standex International Corporation an attractive investment opportunity for investors looking for regular income from dividends.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Standex International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Standex International. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Standex International. More…

Key Ratios Snapshot

Some of the financial key ratios for Standex International are shown below. More…

Price History

On the day, the stock opened at $125.3 and closed at $129.3, representing a 7.9% increase from the prior closing price of $119.8. This is an attractive dividend payment for investors looking to earn a return on their investment in Standex International. The company has a long track record of delivering consistent dividend payments and is expected to continue to do so in the future. Live Quote…

Analysis

At GoodWhale, we recently conducted an analysis of STANDEX INTERNATIONAL’s financial and business wellbeing. Our Risk Rating placed the company in the medium risk category, meaning that while there are some potential risks to be aware of, the company is overall in good shape. However, upon further review, we have detected one risk warning in their balance sheet. We encourage anyone interested in learning more to register with us so they can view the details of the warning. Our team is always available to discuss any of our findings or help answer any questions. More…

Peers

Standex International Corp has long been locked in competition with a handful of its peers, including Helios Technologies Inc, Crane Co, and Kimball Electronics Inc. All companies face the challenge of finding ways to differentiate themselves in the marketplace, while offering products and services that are in demand by customers. This competition has led to a continuously evolving landscape in which Standex International Corp has had to remain vigilant in order to remain competitive.

– Helios Technologies Inc ($NYSE:HLIO)

Helios Technologies Inc is a diversified industrial technology company that develops and manufactures industrial and energy solutions. It has a market capitalization of 1.81 billion dollars as of 2022 and has a Return on Equity of 12.31%. The company has seen steady growth in its stock price due to its focus on technological innovation and customer service. Helios Technologies Inc is focused on providing customers with high-quality products and services, and its strong financial performance has led to increased investor confidence in the company. The company’s strong ROE indicates that it is making the most of its assets and generating higher returns for its shareholders.

– Crane Co ($NYSE:CR)

Crane Co is a diversified manufacturer and service provider headquartered in Stamford, Connecticut. The company operates in five segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, Merchandising Systems, and Controls. Crane Co has a market capitalization of 5.65 billion dollars as of 2022 and a Return on Equity (ROE) of 19.76%. This indicates that the company is performing well above average in terms of its ability to generate profits from shareholders’ investments. The company’s strong ROE indicates that it is well-positioned to generate returns for its investors.

– Kimball Electronics Inc ($NASDAQ:KE)

Kimball Electronics Inc is a global contract electronic manufacturing services provider. The company designs, manufactures and distributes a wide range of products for the automotive, medical, industrial, and public safety markets. As of 2022, Kimball Electronics had a market capitalization of 564.38M. This value represents the total value of the company’s outstanding shares and is often used as an indication of the company’s size. Additionally, Kimball Electronics reported a Return on Equity (ROE) of 7.77%. ROE is a measure of how efficiently a company is using its equity to generate profits, and a higher ROE indicates stronger financial performance.

Summary

Standex International Corporation is an attractive stock for investors, offering a reliable dividend of $0.28 per share. The stock price has also seen an increase since this announcement, indicating strong potential for investors. Analysts recommend investors to consider Standex International for longer-term investing as it provides steady income and potential for capital gains.

The company has solid fundamentals and serves a diverse range of markets, making it a worthwhile investment. With its strong growth prospects, investors should consider adding Standex International to their portfolios in order to benefit from its dividends and potential price appreciation.