AMETEK, Inc. (AME) Message Board

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Technology Stocks : AMETEK, Inc. (AME)

AME 198.16

+7.6%

Oct 30 3:59 PM EDT

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From: JakeStraw	5/9/2014 8:52:29 AM
	of 30

AMETEK Increases Quarterly Dividend finance.yahoo.com Approved a 50% increase in the quarterly cash dividend on common stock to $0.09 per share from $0.06 per share. The dividend is payable on June 30, 2014 to shareholders of record on June 16, 2014. This dividend increase will raise the annualized dividend payout to $0.36 per share. Frank S. Hermance, AMETEK Chairman and Chief Executive Officer commented, "Our Four Growth Strategies have resulted in significant increases in sales, profitability and cash flow. We remain firmly committed to these strategies, in particular our disciplined acquisition strategy, and believe they will continue to drive shareholder value in the future. Anticipated strong cash flows will enable us to continue to fully fund these growth strategies, while rewarding shareholders with a higher cash dividend."

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