Roper Technologies Increases Dividend 11% - Its 27th Consecutive Annual Dividend Increase
15 November 2019 - 10:55PM
Roper Technologies, Inc. (NYSE: ROP) announced
today that its Board of Directors has declared a quarterly cash
dividend of $0.5125 per share, payable on January 23, 2020 to
stockholders of record as of January 9, 2020. This represents an
increase of 11% over the dividend paid in each quarter of 2019, or
an expected $0.20 increase on an annual basis ($0.05 on a quarterly
basis). This is the twenty-seventh consecutive year in which
Roper has increased its dividend.
About Roper
Technologies
Roper Technologies is a constituent of the
S&P 500, Fortune 1000, and the Russell 1000 indices. Roper
operates businesses that design and develop software (both license
and software-as-a-service) and engineered products and solutions
for a variety of niche end markets. Additional information about
Roper is available on the Company’s website at
www.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, cash flow and dividend 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 our ability to integrate acquisitions and
realize expected synergies. We also face other general risks,
including our ability to realize cost savings from our operating
initiatives, general economic conditions, changes in foreign
exchange rates, difficulties associated with exports, risks
associated with our international operations, difficulties in
making and integrating acquisitions, risks associated with newly
acquired businesses, increased product liability and insurance
costs, increased warranty exposure, future competition, changes in
the supply of, or price for, parts and components, environmental
compliance costs and liabilities, risks and cost associated with
asbestos related 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.
Contact Information: Investor Relations+1 (941)
556-2601investor-relations@ropertech.com
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