Lake Forest-based IDEX Corporation has approved a regular quarterly cash dividend of $0.50 per common share. This dividend will be paid Oct. 30 to shareholders of record as of Oct. 15. This dividend represents the company's 104th consecutive regular quarterly cash dividend payment.
IDEX businesses make thousands of products that are mission-critical components in everyday activities, such as clamps holding vehicle side air bags safely in place, Hurst Jaws of Life rescue tools, and components in DNA testing equipment.
Founded in 1988 with three small, entrepreneurial manufacturing companies, IDEX now includes 40 diverse businesses around the world with 7,000 employees and manufacturing operations in more than 20 countries.