Donaldson Company Declares Quarterly Cash Dividend

Rhea-AI Summary

Donaldson Company, Inc. (NYSE: DCI) announced a regular cash dividend of 22.0 cents per share, payable on February 25, 2022, to shareholders of record on February 11, 2022. This marks the 26th consecutive year of annual dividend increases and reinforces its status as a member of the S&P High-Yield Dividend Aristocrats Index. The company has consistently paid cash dividends every quarter for 66 years.

Positive

• Regular cash dividend of 22.0 cents per share boosts shareholder income.
• 26th consecutive year of dividend increases demonstrates strong company confidence.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 22.0 cents per share. The dividend is payable February 25, 2022, to shareholders of record on February 11, 2022. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2021 marked the 26^th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 66 years.

About Donaldson Company, Inc.

Founded in 1915, Donaldson (NYSE: DCI) is a global leader in technology-led filtration products and solutions, serving a broad range of industries and advanced markets. Our diverse, skilled employees at over 140 locations on six continents partner with customers—from small business owners to the world’s biggest OEM brands—to solve complex filtration challenges. Discover how Donaldson is Advancing Filtration for a Cleaner World at www.Donaldson.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220127005990/en/

Sarika Dhadwal (952) 887-3753

Sarika.Dhadwal@Donaldson.com

Source: Donaldson Company, Inc.

FAQ

What is the dividend amount declared by DCI?

DCI declared a cash dividend of 22.0 cents per share.

When will the dividend be paid?

The dividend will be paid on February 25, 2022.

When is the record date for DCI's dividend?

The record date for the dividend is February 11, 2022.

How many consecutive years has DCI increased its dividend?

DCI has increased its dividend for 26 consecutive years.

Is DCI a member of any dividend index?

Yes, DCI is a member of the S&P High-Yield Dividend Aristocrats Index.