July 09, 2025 a 07:31 am
IEX: Dividend Analysis - IDEX Corporation
IDEX Corporation showcases a distinguished dividend profile, characterized by a stable and reliable payout history over three decades. With moderate but steady growth, the company presents an attractive option for dividend-oriented investors. However, its relatively low yield may not satisfy those seeking high immediate returns.
📊 Overview
IDEX Corporation operates in the industrial sector, providing a dividend yield of 1.91%. With a current dividend per share of $2.71 and a robust 31-year dividend history without cuts or suspensions, the company's commitment to shareholder returns is evident.
| Metric | Details |
|---|---|
| Sector | Industrial |
| Dividend yield | 1.91% |
| Current dividend per share | $2.71 |
| Dividend history | 31 years |
| Last cut or suspension | None |
🗣️ Dividend History
The consistency of IDEX Corporation's dividend history underscores its dedication to shareholder remuneration. A long history of no cuts or suspensions speaks to the company's resilience and capacity to weather economic cycles. This stability is crucial for investors prioritizing income security.
| Year | Dividend Per Share (USD) |
|---|---|
| 2025 | 2.11 |
| 2024 | 2.71 |
| 2023 | 2.52 |
| 2022 | 2.34 |
| 2021 | 2.12 |
📈 Dividend Growth
Evaluating the dividend growth of IDEX Corporation provides insight into the company's strategic priority on shareholder returns. Consistent growth over both the short and extended periods indicates the financial health and potential for future payouts.
| Time | Growth |
|---|---|
| 3 years | 8.53% |
| 5 years | 7.02% |
The average dividend growth is 7.02% over 5 years. This shows moderate but steady dividend growth.
✅ Payout Ratio
The payout ratio is vital in assessing the sustainability of dividends. IDEX Corporation's EPS-based payout ratio of 42.85% and a Free Cash Flow-based ratio of 36.73% indicate a balanced approach between rewarding shareholders and maintaining capital for growth.
| Key Figure | Ratio |
|---|---|
| EPS-based | 42.85% |
| Free cash flow-based | 36.73% |
Both payout ratios suggest prudent management of company earnings and cash flow, ensuring dividend commitments without overleveraging financials.
💸 Cashflow & Capital Efficiency
The assessment of cash flow and capital efficiency provides insight into the company's ability to generate cash and allocate finances effectively. For IDEX Corporation, maintaining a balanced sheet and leveraging free cash flow demonstrates strong capital management and innovation potential.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Free Cash Flow Yield | 3.81% | 3.82% | 2.83% |
| Earnings Yield | 3.19% | 3.63% | 3.40% |
| CAPEX to Operating Cash Flow | 9.74% | 12.54% | 12.20% |
| Stock-based Compensation to Revenue | 0.79% | 0.67% | 0.68% |
| Free Cash Flow / Operating Cash Flow Ratio | 90.26% | 87.46% | 87.80% |
IDEX Corporation shows strong cash generation capabilities, enabling reinvestment in operations and shareholder distributions without straining resources.
⚖️ Balance Sheet & Leverage Analysis
A solid balance sheet and leverage profile are crucial for evaluating a company's ability to handle debt efficiently and sustain operations. For IDEX Corporation, key metrics indicate strong financial health and manageable debt levels.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Debt-to-Equity Ratio | 0.52 | 0.41 | 0.49 |
| Debt-to-Assets Ratio | 0.29 | 0.25 | 0.27 |
| Debt-to-Capital Ratio | 0.34 | 0.29 | 0.33 |
| Net Debt to EBITDA | 1.56 | 0.95 | 1.17 |
| Current Ratio | 2.53 | 2.89 | 2.57 |
| Quick Ratio | 1.85 | 2.05 | 1.71 |
| Financial Leverage | 1.78 | 1.66 | 1.81 |
With solid liquidity metrics and balance, IDEX Corporation is poised to take on future challenges while maintaining operational integrity.
🧮 Fundamental Strength & Profitability
Understanding the fundamental strength and profitability of a company helps anticipate future sustainability and investor returns. IDEX Corporation exhibits robust profit margins and return ratios, forming the backbone of its financial health.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Return on Equity | 13.31% | 16.83% | 19.31% |
| Return on Assets | 7.49% | 10.16% | 10.65% |
| Net Margin | 15.45% | 18.21% | 18.44% |
| EBIT Margin | 20.92% | 24.80% | 24.83% |
| EBITDA Margin | 26.29% | 29.45% | 28.59% |
| Gross Margin | 44.21% | 44.24% | 44.84% |
| Research & Development to Revenue | 0% | 0% | 4.93% |
With superior margins and return ratios, IDEX Corporation builds investor confidence through consistent financial performance and strategic alignment.
📉 Price Development
📈 Dividend Scoring System
An analysis using our proprietary scoring system evaluates IDEX Corporation's dividend strength with the following results:
| Category | Score | Bar |
|---|---|---|
| Dividend yield | 3 | |
| Dividend Stability | 5 | |
| Dividend growth | 4 | |
| Payout ratio | 4 | |
| Financial stability | 5 | |
| Dividend continuity | 5 | |
| Cashflow Coverage | 4 | |
| Balance Sheet Quality | 5 |
Total Score: 35/40
🗳️ Rating
IDEX Corporation receives a strong buy rating. The stable dividend history and sound financials align well for long-term dividend investors, while the controlled payout ratios and growth-oriented capital allocation provide confidence in future distributions.