ESAB Corporation Board Declares Increased Dividend
09 Maio 2024 - 5:30PM
Business Wire
ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a
focused premier industrial compounder, announced today that its
Board of Directors has declared an increased quarterly cash
dividend of $0.08 per share of the Company’s common stock. The
dividend represents a 33% increase in the Company’s quarterly cash
dividend, from $0.06 per share to $0.08 per share, or to $0.32 per
share on an annualized basis. The dividend is payable on July 12,
2024 to stockholders of record as of June 28, 2024.
“We are proud to announce a double-digit increase in our
dividend for our second straight year as a public company,” stated
Shyam P. Kambeyanda, President and CEO of ESAB Corporation. “The
dividend reflects our ability to successfully execute our strategic
goals, generate strong cash flow quarter-over-quarter and deliver
value to our stockholders.”
About ESAB Corporation
Founded in 1904, ESAB Corporation (NYSE: ESAB) is a focused
premier industrial compounder. The Company’s rich history of
innovative products, workflow solutions and business system ESAB
Business Excellence, enables the Company’s purpose of Shaping the
World We ImagineTM. ESAB Corporation is based in North Bethesda,
Maryland and employs approximately 9,000 associates and serves
customers in approximately 150 countries. To learn more, visit
www.ESABcorporation.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240509082264/en/
Investor Relations Contact:
Mark Barbalato Vice President, Investor Relations E-mail:
investorrelations@esab.com Phone: 1-301-323-9098
Media Contact: Tilea Coleman
Vice President, Corporate Communications E-mail:
mediarelations@esab.com Phone: 1-301-323-9092
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