Donaldson Company Increases Quarterly Cash Dividend

Rhea-AI Summary

Donaldson Company (NYSE: DCI) announced a regular cash dividend of 22.0 cents per share, marking a 4.8% increase from the previous dividend of 21.0 cents. This dividend is payable on June 25, 2021, to shareholders of record as of June 10, 2021. The company has maintained quarterly cash dividends for 65 years and was included in the S&P High-Yield Dividend Aristocrats Index in January 2016, recognizing its commitment to annual dividend increases for 20 consecutive years.

Positive

• Dividend increase of 4.8%, from 21.0 cents to 22.0 cents per share.
• Consistent quarterly dividend payments for 65 years reinforce company stability.

Negative

• None.

Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 22.0 cents per share, an increase of 4.8% from the prior quarterly cash dividend of 21.0 cents per share. The dividend is payable June 25, 2021, to shareholders of record on June 10, 2021. The Company has paid a cash dividend every quarter for 65 years and was added to the S&P High-Yield Dividend Aristocrats Index in January 2016 after 20 consecutive years of annual dividend increases.

About Donaldson Company

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 OE brands—to solve complex filtration challenges. Discover how Donaldson is Advancing Filtration for a Cleaner World at www.Donaldson.com.

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FAQ

What is the new dividend amount for Donaldson Company (DCI)?

The new dividend amount is 22.0 cents per share.

When is the dividend payable for DCI?

The dividend is payable on June 25, 2021.

How long has Donaldson Company been paying dividends?

Donaldson Company has paid a cash dividend every quarter for 65 years.

What was the previous dividend amount for DCI?

The previous dividend amount was 21.0 cents per share.

Is Donaldson Company a part of the S&P High-Yield Dividend Aristocrats Index?

Yes, Donaldson was added to the S&P High-Yield Dividend Aristocrats Index in January 2016.