Flowserve Corporation (NYSE: FLS), a global leader in flow control products and services for infrastructure markets, announced that its Board of Directors has approved a quarterly cash dividend of $0.21 per share on the company’s outstanding common stock.
The dividend will be paid on October 11, 2024, to shareholders of record as of the close of business on September 27, 2024.
While Flowserve intends to continue paying regular quarterly cash dividends, future dividends—whether at this $0.21 per share rate or otherwise—will be individually reviewed and declared at the discretion of the Board of Directors.
About Flowserve
Flowserve Corporation is one of the world’s premier providers of fluid motion and control products and services, operating in more than 50 countries. The company manufactures engineered and industrial pumps, seals, and valves, along with a wide range of related flow management services. For more information, visit www.flowserve.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Words such as “may,” “should,” “expects,” “intends,” “plans,” “anticipates,” “estimates,” “believes,” “forecasts,” and similar expressions identify forward-looking statements. These statements include, but are not limited to, earnings forecasts, business strategies, and expectations regarding our industry, business, operations, financial performance, and condition.
Forward-looking statements are based on current expectations, projections, estimates, and assumptions, and are not guarantees of future performance. These statements are subject to various risks and uncertainties that could cause actual results to differ materially from those projected. Key risks include the impact of global events such as the COVID-19 pandemic, supply chain disruptions, inflation, and economic conditions, particularly in regions like North Africa, Latin America, Asia, and the Middle East. Other risks involve fluctuations in raw materials prices, currency exchange rates, legal proceedings, and competitive pressures.
Flowserve assumes no obligation to update any forward-looking statements based on new information or future events, except as required by law. For more detailed information on these and other risks, please refer to our filings with the Securities and Exchange Commission.
