Donaldson Company Declares Quarterly Cash Dividend

Rhea-AI Summary

Donaldson Company (NYSE: DCI) announced a regular cash dividend of 23.0 cents per share, payable on February 27, 2023, to shareholders of record as of February 10, 2023. This marks Donaldson's 27th consecutive year of annual dividend increases and reflects its commitment to returning value to shareholders. The company has a longstanding history of paying quarterly cash dividends for 67 years and is included in the S&P High-Yield Dividend Aristocrats Index.

Positive

• Declared a cash dividend of 23.0 cents per share.
• 27th consecutive year of annual dividend increases.
• 67 years of consistent quarterly cash dividends.
• Membership in S&P High-Yield Dividend Aristocrats Index.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 23.0 cents per share. The dividend is payable February 27, 2023, to shareholders of record on February 10, 2023. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2022 marked the 27^th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 67 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/20230126005963/en/

Sarika Dhadwal (952) 887-3753

Sarika.Dhadwal@Donaldson.com

Source: Donaldson Company, Inc.

FAQ

What is the dividend amount declared by Donaldson Company for 2023?

Donaldson Company declared a cash dividend of 23.0 cents per share for 2023.

When will the dividend be paid to shareholders?

The dividend will be paid on February 27, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is February 10, 2023.

How long has Donaldson Company been paying dividends?

Donaldson Company has paid cash dividends every quarter for 67 years.

How many consecutive years has Donaldson increased its dividend?

Donaldson has increased its dividend for 27 consecutive years.