Flowserve Corporation (FLS) has announced a dividend of $0.210 per share, with the ex-dividend date set for Jun 27, 2025, the announcement made on May 16, 2025, and payment scheduled for Jul 11, 2025. This dividend is consistent with the average of the last ten dividends, which stands at approximately $0.210. The company's last dividend, also at $0.210 per share, was disbursed on Apr 11, 2025. The dividend type for both instances is a cash dividend.
Recently,
has been at the forefront of significant developments in the industrial sector. Over the past week, the company announced a strategic merger with
, aiming to leverage synergies and realign its market position. This merger is expected to enhance Flowserve's operational capabilities and expand its market reach. Analysts have highlighted the strong demand for Flowserve's products, as evidenced by an 18% increase in bookings, bringing the total to $1.2 billion. This surge underscores the robust demand for its offerings and the positive impact of the merger on Flowserve's business strategy.
As of late, investor interest in Flowserve has been bolstered by strong performance in its Pump Division and Flow Control Division segments. The company's aftermarket business has shown remarkable momentum, contributing to its stable financial health. Recently, Flowserve's stock performance has been under close watch as it continues to attract attention due to its consistent dividend payouts and sustainable earnings growth. With a dividend yield of 1.8% and a well-established track record, Flowserve is positioning itself as a reliable dividend stock with potential for both income and growth.
In conclusion, Flowserve is maintaining its consistent dividend policy while strategically expanding its market presence through a merger with Chart Industries. The ex-dividend date of Jun 27, 2025, marks the last day for investors to acquire Flowserve stock and be eligible for the upcoming dividend; any purchases made after this date will not qualify for the current dividend payout.
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