Fortive Declares Regular Quarterly Dividend on its Common Stock
06 Novembre 2024 - 10:30PM
Business Wire
Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that
its Board of Directors declared a regular quarterly cash dividend
of $0.08 per share of its common stock, par value $0.01 per share,
payable on December 27, 2024 to common stockholders of record on
November 29, 2024. Although Fortive expects to pay dividends on a
quarterly basis, any subsequent declaration of dividends, including
the amount, the record dates and the payment dates for any such
future dividend payments, is subject to the discretion of the Board
of Directors.
ABOUT FORTIVE
Fortive is a provider of essential technologies for connected
workflow solutions across a range of attractive end-markets.
Fortive’s strategic segments - Intelligent Operating Solutions,
Precision Technologies, and Advanced Healthcare Solutions - include
well-known brands with leading positions in their markets. The
company’s businesses design, develop, service, manufacture, and
market professional and engineered products, software, and
services, building upon leading brand names, innovative
technologies, and significant market positions. Fortive is
headquartered in Everett, Washington and employs a team of more
than 18,000 research and development, manufacturing, sales,
distribution, service and administrative employees in more than 50
countries around the world. With a culture rooted in continuous
improvement, the core of our company’s operating model is the
Fortive Business System. For more information please visit:
www.fortive.com.
FORWARD-LOOKING STATEMENTS
Statements in this release that are not strictly historical,
including the statements regarding the expected future timing of
any dividend payments and the Company’s expectations on paying
dividends at any level in the future, and any other statements
identified by their use of words like “expect,” or other words of
similar meaning are “forward-looking statements” within the meaning
of the United States federal securities laws. There are a number of
important factors that could cause dividend payments and dividend
schedule to differ materially from those suggested or indicated by
such forward-looking statements and you should not place undue
reliance on any such forward-looking statements. These factors
include, among other things: deterioration of or instability in the
economy, the markets we serve, geopolitical conditions and
conflicts, international trade policies and the financial markets,
security breaches or other disruptions of our information
technology systems, supply chain constraints, our ability to adjust
purchases and manufacturing capacity to reflect market conditions,
reliance on sole sources of supply, changes in trade relations with
China, contractions or lower growth rates and cyclicality of
markets we serve, competition, changes in industry standards and
governmental regulations, our ability to recruit and retain key
employees, our ability to successfully identify, consummate,
integrate and realize the anticipated value of appropriate
acquisitions and successfully complete divestitures and other
dispositions, our ability to develop and successfully market new
products, software, and services and expand into new markets, the
potential for improper conduct by our employees, agents or business
partners, contingent liabilities relating to acquisitions and
divestitures, impact of changes to tax laws, our compliance with
applicable laws and regulations and changes in applicable laws and
regulations, risks relating to international economic,
geopolitical, including war and sanctions, legal, compliance and
business factors, risks relating to potential impairment of
goodwill and other intangible assets, currency exchange rates, tax
audits and changes in our tax rate and income tax liabilities, the
impact of our debt obligations on our operations, litigation and
other contingent liabilities including intellectual property and
environmental, health and safety matters, our ability to adequately
protect our intellectual property rights, risks relating to
product, service or software defects, product liability and
recalls, risks relating to product manufacturing, our relationships
with and the performance of our channel partners, commodity costs
and surcharges, adverse effects of restructuring activities, our
plans to separate into two independent, publicly-traded companies,
risk related to tax treatment of our separation of Vontier, impact
of our indemnification obligation to Vontier, impact of changes to
U.S. GAAP, labor matters, and disruptions relating to man-made and
natural disasters and climate change. Additional information
regarding the factors that may cause actual results to differ
materially from these forward-looking statements is available in
our SEC filings, including our Annual Report on Form 10-K for the
year ended December 31, 2023 and Quarterly Report on Form 10-Q for
the quarter ended September 27, 2024. These forward-looking
statements speak only as of the date of this release, and Fortive
does not assume any obligation to update or revise any
forward-looking statement, whether as a result of new information,
future events and developments or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20241105356211/en/
Elena Rosman Vice President – Investor Relations Fortive
Corporation 6920 Seaway Boulevard Everett, WA 98203 Telephone:
(425) 446-5000
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