Allied Motion Declares Quarterly Cash Dividend
03 November 2022 - 7:15AM
Business Wire
Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion”
or the “Company”), a designer and manufacturer of precision and
specialty controlled motion products and solutions for the global
market, announced that its Board of Directors approved a quarterly
cash dividend payment of $0.025 per share. The dividend will be
payable on December 1, 2022 to stockholders of record as of the
close of business on November 17, 2022.
About Allied Motion Technologies Inc.
Allied Motion (Nasdaq: AMOT) designs, manufactures and sells
precision controlled motion products and solutions used in a broad
range of applications within the Vehicle, Medical, Aerospace &
Defense, Electronic, and Industrial Markets. Headquartered in
Amherst, NY, the Company has global operations and sells into
markets across the United States, Canada, South America, Europe and
Asia-Pacific.
Allied Motion is focused on controlled motion applications and
is known worldwide for its expertise in electro-magnetic,
mechanical, and electronic controlled motion technologies. Its
products include nano precision positioning systems, servo control
systems, motion controllers, digital servo amplifiers and drives,
brushless servo, torque, and coreless motors, brush motors,
integrated motor-drives, gear motors, gearing, incremental and
absolute optical encoders, active (electronic) and passive
(magnetic) filters for power quality and harmonic issues,
lightweighting technologies, Industrial safety rated I/O Modules,
Universal Industrial Communications Gateways and other controlled
motion-related products.
The Company’s growth strategy is focused on being the controlled
motion solutions leader in its selected target markets by
leveraging its “technology/know how” to develop integrated
precision solutions that utilize multiple Allied Motion
technologies to “change the game” and create higher value solutions
for its customers. The Company routinely posts news and other
important information on its website at www.alliedmotion.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221102005996/en/
Investors: Deborah K. Pawlowski / Craig P. Mychajluk Kei
Advisors LLC 716-843-3908 / 716-843-3832 dpawlowski@keiadvisors.com
/ cmychajluk@keiadvisors.com
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