Altra Industrial Motion hikes dividend by 33.3%

-

Altra Industrial Motion (AIMC) will hike its dividend by 33.3 percent to 8 cents per share quarterly. This follows a dividend hike of 50 percent to 6 cents quarterly last year. However this also comes after the company cut its quarterly dividend by 76.5 percent to 4 cents per share in June 2020. 

The next dividend of 8 cents per share will be paid on July 2, 2021 to shareholders of record as of the close of business on June 18, 2021. A new annual dividend rate of 32 cents per share yields 0.5% at a stock price of $64.81. AIMC will trade ex-dividend on June 17.

Altra Industrial Motion Corp. is an industrial, global manufacturer and supplier of electromechanical power transmission, motion control and automation products, including highly engineered power transmission, motion control and engine braking systems and components. Altra's brands include Bauer Gear Motor, Boston Gear, Jacobs Vehicle Systems, Kollmorgen, Portescap, Stromag, Svendborg Brakes, TB Wood's, Thomson and Warner Electric. Altra Industrial Motion has paid a dividend every year since 2012. The company went public on December 14, 2006.

Dividend News Headlines

Realty Income hikes dividend by 0.2%

-
On December 9, 2025, Realty Income (O) announced a 0.2% increase to its monthly dividend, lifting the payout to $0.27 per share . At a share price of $56.67 , the updated dividend implies a forward yield of roughly 5.7% . Realty Income is a long-standing Dividend Aristocrat with 31 consecutive years of dividend growth .
Read more