Correction Notice To Press Release Regarding Dividend Amount

Rhea-AI Summary

Danaher Corporation (NYSE: DHR) has corrected the quarterly cash dividend for its 5.00% Series B Mandatory Convertible Preferred Stock. The revised dividend will be $12.50 per share, payable on October 15, 2020, to shareholders on record as of September 30, 2020. This adjustment ensures clarity on the Company’s commitment to its investors and reflects stable financial management.

Positive

• Corrected cash dividend of $12.50 reflects financial stability.
• Dividend payment date confirms ongoing shareholder returns.

Negative

• None.

WASHINGTON, Sept. 25, 2020 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) (the "Company") announced today a correction to the previously announced quarterly cash dividend payable on its 5.00% Series B Mandatory Convertible Preferred Stock. As corrected, the Company will pay a quarterly cash dividend of $12.50 per share of its 5.00% Series B Mandatory Convertible Preferred Stock, payable on October 15, 2020 to holders of record on September 30, 2020.

ABOUT DANAHER
Danaher is a global science and technology innovator committed to helping its customers solve complex challenges and improving quality of life around the world. Its family of world class brands has leadership positions in the demanding and attractive health care, environmental and applied end-markets. With more than 20 operating companies, Danaher's globally diverse team of more than 67,000 associates is united by a common culture and operating system, the Danaher Business System, and its Shared Purpose, Helping Realize Life's Potential.  For more information, please visit www.danaher.com.

 

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SOURCE Danaher Corporation

FAQ

What is the corrected dividend amount for Danaher Corporation's Series B stock?

The corrected dividend amount is $12.50 per share.

When is the dividend payable for Danaher Corporation's Series B stock?

The dividend is payable on October 15, 2020.

What is the record date for Danaher Corporation's dividend?

The record date is September 30, 2020.

How often does Danaher Corporation pay dividends?

Danaher Corporation pays dividends quarterly.