AIMC - Dividend announcements

BRAINTREE, Mass., March 01, 2023 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC) ("Altra" or the "Company"), a premier global manufacturer and supplier of motion control, power transmission and automation products, today announced unaudited financial results as of and for the fourth quarter and year ended December 31, 2022. Q4 2022 Financial Highlights  Q4 2022Q4 2021YOY Change Net sales $469.4M$469.8M(0.1%)    Q4 2022 Organic Sales Growth was 2.3% for the consolidated business compared with the fourth quarter of 2021.* GAAP Net Income $22.3M($87.7M)125.4%GAAP Net Income Margin4.8%(18.7%)2,350 bpsNon-GAAP Net Income*$47.9M$43.4M10.4%Earnings per di

BRAINTREE, Mass., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the first quarter of 2023. The first quarter 2023 dividend is the forty-fourth consecutive dividend in the Company's history. The dividend will be paid on April 4, 2023 to shareholders of record as of the close of business on March 16, 2023. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continuing dete

BRAINTREE, Mass., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the fourth quarter of 2022. The fourth quarter 2022 dividend is the forty-third consecutive dividend in the Company's history. The dividend will be paid on January 3, 2023 to shareholders of record as of the close of business on December 16, 2022. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continuin

BRAINTREE, Mass., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC) ("Altra" or the "Company"), a premier global manufacturer and supplier of motion control, power transmission and automation products, today announced unaudited financial results as of and for the third quarter ended September 30, 2022. Q3 2022 Financial Highlights  Q3 2022Q3 2021YOY ChangeNet sales$466.3M$469.3M(0.6%) Q3 2022 Organic Sales Growth was 1.9% for the consolidated business compared with the third quarter of 2021.*GAAP Net Income$33.6M$35.4M(5.1%)GAAP Net Income Margin7.2%7.5%(30 bps)Non-GAAP Net Income*$52.3M$52.3M0.0%Non-GAAP Net Income Margin*11.2%11.1%10 bpsEarnings per dil

BRAINTREE, Mass., July 25, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the third quarter of 2022. The third quarter 2022 dividend is the forty-second consecutive dividend in the Company's history. The dividend will be paid on October 4, 2022 to shareholders of record as of the close of business on September 16, 2022. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continuin

BRAINTREE, Mass., April 26, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its board of directors approved a new share repurchase program authorizing the buyback of up to $300 million of the Company's common stock through December 31, 2024. The Company expects to purchase shares on the open market, through block trades, in privately negotiated transactions, in compliance with SEC Rule 10b-18 (including through Rule 10b5-1 plans), or in such other appropriate manner. The timing of the shares repurchased (or the entry into 10b5-1 repurchase pl

BRAINTREE, Mass., April 26, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the second quarter of 2022. The second quarter 2022 dividend is the forty-first consecutive dividend in the Company's history. The dividend will be paid on July 6, 2022 to shareholders of record as of the close of business on June 17, 2022. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continuing dete

BRAINTREE, Mass., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.08 per share for the first quarter of 2022. The first quarter 2022 dividend is the fortieth consecutive dividend in the Company's history. The dividend will be paid on April 4, 2022 to shareholders of record as of the close of business on March 17, 2022. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continuing determin

BRAINTREE, Mass., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.08 per share for the fourth quarter of 2021. The fourth quarter 2021 dividend is the thirty-ninth consecutive dividend in the Company's history. The dividend will be paid on January 4, 2022 to shareholders of record as of the close of business on December 17, 2021. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continui

BRAINTREE, Mass., July 21, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.08 per share for the third quarter of 2021. The third quarter 2021 dividend is the thirty-eighth consecutive dividend in the Company's history. The dividend will be paid on October 4, 2021 to shareholders of record as of the close of business on September 17, 2021. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continui

BRAINTREE, Mass., April 27, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (NASDAQ:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.08 per share for the second quarter of 2021. The second quarter 2021 dividend is the thirty-seventh consecutive dividend in the Company's history. The dividend will be paid on July 2, 2021 to shareholders of record as of the close of business on June 18, 2021. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continuing d

BRAINTREE, Mass., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.06 per share for the first quarter of 2021. The first quarter 2021 dividend is the thirty-sixth consecutive dividend in the Company’s history. The dividend will be paid on April 2, 2021 to shareholders of record as of the close of business on March 18, 2021. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continuing det