Standex International Corporation (SXI) recently declared a quarterly cash dividend of $0.32 per share, with the ex-dividend date set for Aug 8, 2025, and the payment date on Aug 22, 2025. This marks a substantial increase from the average of the last ten dividends, which stood at approximately $0.180 per share. The last dividend was also $0.32 per share, paid on May 23, 2025. Both dividends are categorized as cash dividends.
As of late,
International Corporation experienced notable developments impacting its market presence and financial outlook. Recently, an analyst upgrade raised the stock price target for Standex International from $200 to $219, maintaining a "Buy" rating. This adjustment reflects growing confidence in the company's strategic initiatives and potential for continued growth.
Over the past week, Standex International reported a robust fourth-quarter performance for 2025, with sales reaching $222.05 million, a 23.2% year-on-year increase. The company's net income stood at $14.83 million, reflecting strong momentum from new products and fast-growth markets. Standex also reduced its net debt by $27 million, lowering the net debt to EBITDA ratio to 2.6x. These results underscore the company's solid operational performance and strategic acquisitions, such as the Amran/Narayan Group, which contributed significantly to its portfolio evolution.
Since the last update, Standex filed a Form S-8 on Aug 4, 2025, to register an additional 450,000 common shares for issuance under its 2018 Incentive Compensation Plan. This move signals Standex's commitment to expanding its equity base and supporting growth initiatives. With plans to release over fifteen new products in the coming fiscal year and an expected sales increase of more than $100 million, Standex remains poised for a promising trajectory in various fast-growth markets.
In conclusion, Standex International Corporation is positioned for continued success with its strategic growth initiatives and solid financial performance. The ex-dividend date of Aug 8, 2025, is crucial for investors looking to benefit from the upcoming dividend. Purchases made after this date will not qualify for the current dividend payout.
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