Espey Mfg & Electronics Corp Announces Special Dividend and CFO Promotion

What Happened

• Espey Mfg & Electronics Corp announced that its Board declared a special cash dividend of $0.75 per share, in addition to a regular dividend of $0.25 per share. The dividends are payable on September 25, 2026 to shareholders of record as of September 18, 2026.
• On the same date the Board promoted Kaitlyn O’Neil from Principal Financial Officer & Treasurer to Chief Financial Officer & Treasurer. The company furnished a press release as Exhibit 99.1 to the 8-K filing dated September 8, 2026.

Key Details

• Special cash dividend: $0.75 per share.
• Regular dividend: $0.25 per share.
• Record date: September 18, 2026; Payment date: September 25, 2026.
• Executive change: Kaitlyn O’Neil promoted to Chief Financial Officer & Treasurer (previously Principal Financial Officer & Treasurer).

Why It Matters

• The combined dividend equals $1.00 per share to be paid to holders of record on Sept. 18, providing an immediate cash return to shareholders on Sept. 25.
• The CFO promotion formalizes finance leadership continuity—Ms. O’Neil already handled principal financial officer duties—so investors can expect no abrupt change in financial oversight.