IDEX Corporation Increases Regular Quarterly Cash Dividend Eighteen Percent
LAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX CORPORATION (IEX) today announced that its Board of Directors has approved an eighteen percent increase in the companys regular quarterly cash dividend to $0.20 per common share. The next dividend will be paid April 30, 2012 to shareholders of record as of April 20, 2012. This dividend represents the companys 70th consecutive regular quarterly cash dividend payment.
IDEX Corporation is an applied solutions company specializing in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products built to its customers exacting specifications. Its products are sold in niche markets to a wide range of industries throughout the world. IDEX shares are traded on the New York Stock Exchange and Chicago Stock Exchange under the symbol IEX.
For further information on IDEX Corporation and its business units, visit the companys web site at www.idexcorp.com.
Heath A. Mitts
Vice President Chief Financial Officer
Source: IDEX CorporationCopyright Business Wire 2012