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Altra Industrial Motion Corp. Announces Third Quarter 2021 Dividend

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Altra Industrial Motion Corp. Announces Third Quarter 2021 Dividend

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 continuing determination that the declaration of dividends is in the best interests of Altra’s shareholders and is in compliance with all laws and agreements of Altra applicable to the declaration and payment of cash dividends. Future dividends may be further adjusted at the Board’s discretion based on market conditions and capital availability. Read More