Donaldson Company Increases Quarterly Cash Dividend

Rhea-AI Summary

Donaldson Company, Inc. (NYSE: DCI) has declared a regular cash dividend of 23.0 cents per share, reflecting a 4.5% increase from the previous dividend of 22.0 cents. This increase marks the company's 26th consecutive year of annual dividend growth. The dividend is payable on June 24, 2022, to shareholders of record by June 9, 2022. Donaldson has consistently paid quarterly cash dividends for 66 years and is part of the S&P High-Yield Dividend Aristocrats Index.

Positive

• Dividend increased by 4.5% to 23.0 cents per share.
• 26th consecutive year of annual dividend increases.
• Consistent quarterly dividend payments for 66 years.

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, an increase of 4.5% from the prior quarterly dividend of 22.0 cents per share. The dividend is payable June 24, 2022, to shareholders of record on June 9, 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/20220525005937/en/

Sarika Dhadwal (952) 887-3753

Sarika.Dhadwal@Donaldson.com

Source: Donaldson Company, Inc.

FAQ

What is the dividend amount declared by DCI?

Donaldson Company declared a dividend of 23.0 cents per share.

When is the dividend payment date for DCI?

The dividend is payable on June 24, 2022.

What is the record date for the DCI dividend?

Shareholders must be on record by June 9, 2022, to receive the dividend.

How long has DCI been increasing its dividends?

Donaldson Company has increased its dividends for 26 consecutive years.

How often does DCI pay dividends?

Donaldson Company pays dividends quarterly.