SARATOGA SPRINGS, N.Y., March 10, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.25 per share. The dividend will be payable on March 28, 2025 to all shareholders of record on March 21, 2025.
ESP's fiscal Q2 earnings dip as margin pressures persist. However, record orders drive 32% sales growth, boosting the company's backlog to new highs.
SARATOGA SPRINGS, N.Y., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces new material contract.
SARATOGA SPRINGS, N.Y., Dec. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.25 per share. The dividend will be payable on December 27, 2024 to all shareholders of record on December 20, 2024.
ESP posts strong EPS growth, along with a 21.9% revenue increase in fiscal first-quarter 2025, driven by a strong backlog. New orders dip, but management anticipates recovery.
ESP reports strong fiscal Q4 results, with EPS jumping to 73 cents and net sales recorded at $11.6 million. The backlog surges to $97.2 million, signaling continued growth momentum.
SARATOGA SPRINGS, N.Y., Sept. 27, 2024 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for its fourth quarter and fiscal year, ended June 30, 2024.
SARATOGA SPRINGS, N.Y., Sept. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.25 per share, a 25% increase over the prior dividend. The dividend will be payable on September 27, 2024 to all shareholders of record on September 20, 2024.
Record-setting funded backlog, burgeoning new orders, and margin expansion point to an overwhelmingly undervalued stock. Espey's balance sheet provides a cushion for inflation or economic slowdown. But geopolitical risk could be a boon to business. The stock's 4% dividend yield pays for patience and could increase.