Roper Technologies increases dividend 10% - its 32nd consecutive annual dividend increase
06 Novembre 2024 - 7:00PM
Roper Technologies, Inc. (Nasdaq: ROP) announced
today that its Board of Directors has declared a quarterly cash
dividend of $0.825 per share, payable on January 17, 2025 to
stockholders of record as of January 3, 2025. This represents an
increase of 10% over the dividend paid in each quarter of 2024, or
an expected $0.30 increase on an annual basis ($0.075 on a
quarterly basis). This is the thirty-second consecutive year in
which Roper has increased its dividend.
About Roper Technologies
Roper Technologies is a constituent of the
Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven,
long-term track record of compounding cash flow and shareholder
value. The Company operates market leading businesses that design
and develop vertical software and technology enabled products for a
variety of defensible niche markets. Roper utilizes a disciplined,
analytical, and process-driven approach to redeploy its excess
capital toward high-quality acquisitions. Additional information
about Roper is available on the Company’s website at
www.ropertech.com.
Contact information: Investor
Relations941-556-2601 investor-relations@ropertech.com
The information provided in this press release contains
forward-looking statements within the meaning of the federal
securities laws. These forward-looking statements may include,
among others, statements regarding operating results, the success
of our internal operating plans, and the prospects for newly
acquired businesses to be integrated and contribute to future
growth, profit and cash flow expectations. Forward-looking
statements may be indicated by words or phrases such as
"anticipate," "estimate," "plans," "expects," "projects," "should,"
"will," "believes," "intends" and similar words and phrases. These
statements reflect management's current beliefs and are not
guarantees of future performance. They involve risks and
uncertainties that could cause actual results to differ materially
from those contained in any forward-looking statement. Such risks
and uncertainties include any ongoing impacts of the COVID-19
pandemic on our business, operations, financial results and
liquidity, which will depend on numerous evolving factors which we
cannot accurately predict or assess, including: the duration and
scope of the pandemic, new variants of the virus and the
distribution and efficacy of vaccines; any negative impact on
global and regional markets, economies and economic activity;
actions governments, businesses and individuals take in response to
the pandemic; the effects of the pandemic, including all of the
foregoing, on our customers, suppliers and business partners. Such
risks and uncertainties also include our ability to identify and
complete acquisitions consistent with our business strategies,
integrate acquisitions that have been completed, realize expected
benefits and synergies from, and manage other risks associated
with, acquired businesses, including obtaining any required
regulatory approvals with respect thereto. We also face other
general risks, including our ability to realize cost savings from
our operating initiatives, general economic conditions and the
conditions of the specific markets in which we operate, including
risks related to labor shortages and rising interest rates, changes
in foreign exchange rates, difficulties associated with exports,
risks associated with our international operations, cybersecurity
and data privacy risks, including litigation resulting therefrom,
risks related to political instability, armed hostilities,
incidents of terrorism, public health crises (such as the COVID-19
pandemic) or natural disasters, increased product liability and
insurance costs, increased warranty exposure, future competition,
changes in the supply of, or price for, parts and components,
including as a result of the current inflationary environment and
ongoing supply chain constraints, environmental compliance costs
and liabilities, risks and cost associated with litigation,
potential write-offs of our substantial intangible assets, and
risks associated with obtaining governmental approvals and
maintaining regulatory compliance for new and existing products.
Important risks may be discussed in current and subsequent filings
with the SEC. You should not place undue reliance on any
forward-looking statements. These statements speak only as of the
date they are made, and we undertake no obligation to update
publicly any of them in light of new information or future
events.
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