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SPX Corp. announces 25-cent quarterly dividend

Charlotte-based SPX Corp. said its board of directors has declared a quarterly dividend of 25 cents per common share payable Jan. 4 to shareholders of record as of Dec. 15.

Earlier this month, the Ballantyne-based Fortune 500 company, which provides products and services for various industries — food and beverage, transportation, automotive and power generation, among others — announced that it will spend $70 million to build global headquarters in Mecklenburg County, generating 180 jobs in Charlotte over the next five years. Also this month, it held a ceremony to mark the start of construction of a $40 million, 53-acre manufacturing campus in China.

The last time the company declared a quarterly dividend was Aug. 26 at 25 cents per common share.

SPX has approximately 15,000 employees in more than 35 countries worldwide.

It is traded under the symbol SPW.

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