Allied Motion Declares Quarterly Cash Dividend
03 August 2023 - 6:15AM
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 $0.03 per share. The dividend will be
payable on August 31, 2023 to stockholders of record as of the
close of business on August 17, 2023.
About Allied Motion Technologies Inc.
Allied Motion (Nasdaq: AMOT) designs, manufactures and sells
precision and specialty-controlled motion products and solutions
that are used in a broad range of applications within the
Industrial, Vehicle, Medical, and Aerospace & Defense 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,
Industrial safety rated I/O Modules, Universal Industrial
Communications Gateways, light-weighting technologies, and other
controlled motion-related products.
The Company’s growth strategy is focused on becoming a leading
global controlled motion solution provider in its selected target
markets by further developing its products and services platform to
utilize multiple Allied Motion technologies which create increased
value solutions for its customers. The Company routinely posts news
and other important information on its website at
www.alliedmotion.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230802058294/en/
Investors: Deborah K. Pawlowski / Craig P. Mychajluk Kei
Advisors LLC 716-843-3908 / 716-843-3832 dpawlowski@keiadvisors.com
/ cmychajluk@keiadvisors.com
Allied Motion Technologies (NASDAQ:AMOT)
Historical Stock Chart
From Apr 2024 to May 2024
Allied Motion Technologies (NASDAQ:AMOT)
Historical Stock Chart
From May 2023 to May 2024