IDEX Corporation (NYSE:IEX) Updates On Quarterly Dividend


As per IDEX Corporation (NYSE:IEX) statement on 2016-06-22, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.34 per share as dividend to stakeholders. The record date is set as 2016-07-15, the payout date as 2016-07-29 and the ex-dividend date is 2016-07-13.

Last fiscal IDEX Corporation (NYSE:IEX) disbursed cash dividend of $0.34. A year ago, the payout was $0.34, which indicates a difference of 15.8878%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.34, implying 16.8179% growth.

For the period ended on 2015-12-31, IDEX Corporation (NYSE:IEX)’s earnings came at $0.99 per share compared to EPS of $0.89 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-17. For this quarter, the analysts have earnings estimate of $0.92 per share.

The interim price target for IDEX Corporation (NYSE:IEX) is set at $84.875. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for IDEX Corporation (NYSE:IEX) is seen at $96 and the lowest level is established at $73. This broad range highlights a standard deviation of $7.298 in reported estimates.

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