Standex: A Beacon of Dividend Consistency and Growth

In the ever-changing landscape of the stock market, one constant stands out: Standex International Corporation (NYSE: SXI). This global multi-industry manufacturer has been a beacon of dividend consistency and growth, paying dividends each quarter since it became a public corporation in November 1964. On January 24, 2025, Standex announced its 242nd consecutive quarterly cash dividend, marking another milestone in its impressive history of returning capital to shareholders.



Standex's dividend growth is a testament to its strong financial performance and commitment to rewarding shareholders. The company's annual dividend has increased consistently over the years, with only a few exceptions. In 2024, Standex declared a quarterly cash dividend of $0.32 per share, an approximately 6.7% year-on-year increase. This growth rate is in line with the company's historical growth rates and demonstrates its continued commitment to increasing shareholder returns.



The factors influencing Standex's decision to increase the quarterly dividend include the company's strong financial performance, earnings growth, dividend payout ratio, cash flow, market conditions, and shareholder expectations. Standex's consistent dividend payouts, growth in dividends, high yield, and strong dividend history make it an attractive investment option for income-focused investors seeking a reliable and growing income stream.



In conclusion, Standex International Corporation's 242nd consecutive quarterly cash dividend is a reflection of the company's long-standing commitment to returning capital to shareholders. The dividend's growth rate is consistent with the company's historical growth rates, and the company's track record of consistent dividend payments demonstrates its financial strength and stability. Income-focused investors seeking a reliable and growing income stream should consider adding Standex to their portfolios.