Amphenol (APH) Raises Quarterly Dividend 4.8% to $0.22; 1.1% Yield

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Go back to Amphenol (APH) Raises Quarterly Dividend 4.8% to $0.22; 1.1% Yield

Amphenol Reports Third Quarter 2023 Results and Announces Dividend Increase

October 25, 2023 8:00 AM EDT

Third Quarter 2023 Highlights:

Sales of $3.199 billion, down 3% in U.S. dollars and 5% organically compared to the third quarter of 2022 GAAP Diluted EPS of $0.83, up 4% compared to prior year Adjusted Diluted EPS of $0.78, down 3% compared to prior year GAAP and Adjusted Operating Margin of 20.6% and 20.8%, respectively Operating and Free Cash Flow of $618 million and $544 million, respectively Closed three acquisitions since July earnings call Connor Manufacturing Services, Q Microwave and XMA Corporation and signed an agreement to acquire PCTEL Increased quarterly dividend by 5% to $0.22 per share

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