Skip to main content

8-K

Ametek Inc/ (AME)

8-K 2023-02-10 For: 2023-02-09
View Original
Added on April 12, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

__________________

FORM 8-K

__________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 9, 2023

__________________

AMETEK, Inc.

(Exact name of registrant as specified in its charter)

__________________

Delaware 1-12981 14-1682544
(State or other jurisdiction<br><br>of incorporation) (Commission<br><br>File Number) (IRS Employer<br><br>Identification No.)
1100 Cassatt Road
Berwyn, Pennsylvania 19312
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (610) 647-2121

Not Applicable

(Former name or former address, if changed since last report)

__________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol(s) Name of each exchange on which registered
Common Stock, $0.01 Par Value (voting) AME New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 8.01 Other Events

On February 9, 2023, AMETEK, Inc. issued a press release announcing that its Board of Directors has approved a 14% increase in its quarterly cash dividend on its common stock to $0.25 per share from $0.22 per share. A copy of the release is attached as Exhibit 99.1 hereto and is hereby incorporated by reference in this Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description
99.1 Press Release datedFebruary 9, 2023, “AMETEKIncreases Quarterly Dividend
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

AMETEK, Inc.
February 10, 2023 By: /s/ THOMAS M. MONTGOMERY
Name: Thomas M. Montgomery
Title: Senior Vice President - Comptroller

Document

Exhibit 99.1

a65.jpg

AMETEK Increases Quarterly Dividend

Berwyn, Pa., Feb. 9, 2023 – AMETEK, Inc. (NYSE: AME) today announced its Board of Directors has approved a 14% increase in its quarterly cash dividend on common stock to $0.25 per share from $0.22 per share. The dividend is payable on March 31, 2023 to shareholders of record as of March 10, 2023. This dividend increase will raise the indicated annual rate to $1.00 per share.

“AMETEK’s businesses continue to operate at a very high level, delivering exceptional operating performance and outstanding cash flow generation,” said David A. Zapico, AMETEK Chairman and Chief Executive Officer. “Our primary use of free cash flow remains supporting our acquisition strategy, driving long-term shareholder value. Our strong cash flow also allows us to reward our shareholders with a consistently increasing cash dividend.”

Corporate Profile

AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales over $6.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500. For more information, visit www.ametek.com.

Contact:

Kevin Coleman

Vice President, Investor Relations & Treasurer

kevin.coleman@ametek.com

Phone: 610-889-5247

image_3.jpg