Company: Ametek Inc. (AME)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Ametek Inc is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets, and generates major revenue. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. The majority of the firmÕs sales are made in the United States. The firmÕs asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion. -Morningstar.com-
Symbol: AME
Recent Price: $158.78
Dividends: $1.12
Yield: 0.71%
Sector: Industrials
Industry: Specialty Industrial Machinery
Address & Company Phone #: 1100 Cassatt Road Berwyn PA 19312, 610-647-2121
Transfer Agent: American Stock Transfer 877-854-0864
Moody’s Rating: NR
Minimum & Maximum Investment: $25 – $10,000/investment
Investment Dates: Daily
Shares to Qualify: 1 Share or $250
Fees: Div.: $2 (to $2.50)+10¢/sh. Cash: $2.50+10¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $17+15¢/sh.
52 Week High & Low: $186.33, $136.89