Fortive Declares Common Quarterly Dividend on its Widespread Inventory
EVERETT, Wash., January 24, 2023–(BUSINESS WIRE)–Fortive Company (“Fortive”) (NYSE: FTV) introduced at this time that its Board of Administrators declared an everyday quarterly money dividend of $0.07 per share of its widespread inventory, par worth $0.01 per share, payable on March 31, 2023 to widespread stockholders of document on February 24, 2023. Though Fortive expects to pay dividends on a quarterly foundation, any subsequent declaration of dividends, together with the quantity, the document dates and the fee dates for any such future dividend funds, is topic to the discretion of the Board of Administrators.
ABOUT FORTIVE
Fortive is a supplier of important applied sciences for related workflow options throughout a variety of engaging end-markets. Fortive’s strategic segments – Clever Working Options, Precision Applied sciences, and Superior Healthcare Options – embrace well-known manufacturers with main positions of their markets. The corporate’s companies design, develop, service, manufacture, and market skilled and engineered merchandise, software program, and companies, constructing upon main model names, revolutionary applied sciences, and important market positions. Fortive is headquartered in Everett, Washington and employs a staff of greater than 18,000 analysis and growth, manufacturing, gross sales, distribution, service and administrative workers in additional than 50 international locations all over the world. With a tradition rooted in steady enchancment, the core of our firm’s working mannequin is the Fortive Enterprise System. For extra data please go to: www.fortive.com.
FORWARD-LOOKING STATEMENTS
Statements on this launch that aren’t strictly historic, together with the statements concerning the anticipated future timing of any dividend funds and the Firm’s expectations on paying dividends at any stage sooner or later, and another statements recognized by their use of phrases like “anticipate,” or different phrases of comparable which means are “forward-looking” statements inside the which means of the federal securities legal guidelines. There are a variety of necessary components that might trigger dividend funds and dividend schedule to vary materially from these recommended or indicated by such forward-looking statements and you shouldn’t place undue reliance on any such forward-looking statements. These components embrace, amongst different issues: deterioration of or instability within the economic system, the markets we serve, worldwide commerce insurance policies and the monetary markets, our potential to regulate purchases and manufacturing capability to mirror market circumstances, the remediation efforts associated to the COVID-19 pandemic, reliance on sole sources of provide, modifications in commerce relations with China, contractions or decrease progress charges and cyclicality of markets we serve, competitors, modifications in business requirements and governmental rules, our potential to recruit and retain key workers, our potential to efficiently determine, consummate, combine and understand the anticipated worth of acceptable acquisitions and efficiently full divestitures and different tendencies, our potential to develop and efficiently market new merchandise, software program, and companies and develop into new markets, the potential for improper conduct by our workers, brokers or enterprise companions, contingent liabilities regarding acquisitions and divestitures, influence of modifications to tax legal guidelines, our compliance with relevant legal guidelines and rules and modifications in relevant legal guidelines and rules, dangers regarding worldwide financial, geopolitical, together with battle and sanctions, authorized, compliance and enterprise components, dangers regarding potential impairment of goodwill and different intangible property, foreign money alternate charges, tax audits and modifications in our tax fee and revenue tax liabilities, the influence of our debt obligations on our operations, litigation and different contingent liabilities together with mental property and environmental, well being and security issues, our potential to adequately shield our mental property rights, dangers regarding product, service or software program defects, product legal responsibility and recollects, dangers regarding product manufacturing, {our relationships} with and the efficiency of our channel companions, commodity prices and surcharges, safety breaches or different disruptions of our data know-how techniques, hostile results of restructuring actions, threat associated to tax remedy of the Separation, influence of our indemnification obligation to Vontier, influence of modifications to U.S. GAAP, labor issues, influence of local weather change or associated regulatory necessities, and disruptions regarding man-made and pure disasters. Further data concerning the components that will trigger precise outcomes to vary materially from these forward-looking statements is offered in our SEC filings, together with our Annual Report on Kind 10-Ok for the yr ended December 31, 2021. These forward-looking statements communicate solely as of the date of this launch, and Fortive doesn’t assume any obligation to replace or revise any forward-looking assertion, whether or not on account of new data, future occasions and developments or in any other case.
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Contacts
Elena Rosman
Vice President – Investor Relations
Fortive Company
6920 Seaway Boulevard
Everett, WA 98203
Phone: (425) 446-5000