IDEX News

Looking at the universe of stocks we cover at Dividend Channel , in trading on Thursday, shares of IDEX Corporation were yielding above the 2% mark based on its quarterly dividend , with the stock changing hands as low as $39.86 on the day.

It is involved in providing customized solutions such as diesel engine lubrication, food and beverage processing movement, measurement and dispense of fossil fuels, ethanol and other high value liquids and gases.

May 4 - Fitch Ratings has affirmed the Issuer Default Rating and long-term ratings for IDEX Corporation at 'BBB+'. The Rating Outlook is Stable.

Idex Corp. recently delivered a strong earnings and sales beat for the first quarter, and management raised its guidance for the remainder of 2012.A This prompted analysts to revise their estimates higher for both 2012 and 2013.

IDEX Corporation announced today that it has acquired ERC from MH Capital Partners II, L.P. . ERC is a leader in the manufacture of gas liquid separations and detection solutions for the life science, analytical instrumentation and clinical chemistry markets.