IDEX hikes dividend by 2.8%
IDEX Corporation (IEX) lifted its quarterly dividend on May 6, 2026, increasing the payout by 2.8% to $0.73 per share.
The latest increase extends IDEX's dividend growth streak to 17 consecutive years. At a share price of $225, the dividend corresponds to a yield of approximately 1.3%. The ex-dividend date is July 6, 2026.
The latest increase of 2.8% follows a 2.9% dividend hike in 2025. Dividend growth has slowed compared with earlier years, when IDEX announced increases of 11.1% in 2022, 8.0% in 2021, and 7.8% in 2024. The company announced no dividend increase in 2020.
IDEX Corporation manufactures highly engineered industrial products used in fluid handling, life sciences, fire and safety, and other specialized industrial markets worldwide. For more information, you can visit the website of IDEX Corporation.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.