Standex International (SXI) hikes dividend by 5.9%
Standex International (SXI) announced a 5.9% increase in its quarterly dividend to $0.36 per share on October 22, 2026. The latest hike extends the industrial manufacturer's dividend growth streak to 17 consecutive years. Standex has maintained a history of quarterly dividend payments dating back to 1964.
The new quarterly dividend brings Standex International's annualized payout to $1.44 per share. As of October 26, 2026, SXI traded at $239.04, representing a dividend yield of approximately 0.6%. The ex-dividend date is November 6, 2026, with payment scheduled for November 20, 2026.
Standex International Dividend Growth History
Standex International has now raised its dividend for 17 consecutive years, while its quarterly dividend payment history extends back to 1964. The company's five-year dividend compound annual growth rate (CAGR) stands at 6.7%, compared with 8.4% over the past ten years.
Standex International's dividend growth rate has declined in each of the past six years. The company increased its dividend by 9.1% in 2020, followed by 8.3% in 2021, 7.7% in 2022, 7.1% in 2023 and 6.7% in 2024.
The annual dividend increase slowed further to 6.3% in 2025 and 5.9% in 2026. The latest increase is therefore the smallest in the seven-year period shown above, while the company's record of consecutive annual dividend increases remains intact.
Standex International's ten-year dividend CAGR of 8.4% exceeds its five-year rate of 6.7%, reflecting the higher annual dividend growth rates recorded in earlier years. The company's new annualized dividend stands at $1.44 per share.
SXI Share Price, Dividend Yield and Market Value
As of October 26, 2026, Standex International shares had gained 11.1% year-to-date, with the stock trading at $239.04. The company's market capitalization stood at approximately $2.9 billion.
Based on the new annualized dividend of $1.44 per share, SXI's dividend yield stands at approximately 0.6% at the October 26 share price.
Standex International Corporation is a US-based industrial manufacturer specializing in engineered components and solutions. Its businesses include electronics, aerospace and defense, scientific equipment, and engraving and hydraulics, serving markets such as electric power infrastructure, aviation, medical research and industrial manufacturing.
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.