Amphenol stock dips as CEO-chair move nears and fresh dividend lands — what investors watch next
Amphenol shares fell 1.1% to $128.63 Thursday as CEO R. Adam Norwitt was named to succeed Martin H. Loeffler as board chair at the May annual meeting. The board approved a $0.25 quarterly dividend, payable April 14 to shareholders of record March 23. The stock move tracked a wider market decline. Norwitt will hold both CEO and chair roles.