Danaher Announces Quarterly Dividend

Rhea-AI Summary

Danaher Corporation (NYSE: DHR) has declared a quarterly cash dividend of $0.18 per share for common stock, scheduled for payment on January 29, 2021 to shareholders of record as of December 28, 2020. Additionally, a dividend of $11.875 per share will be paid for its 4.75% Series A Mandatory Convertible Preferred Stock and $12.50 for the 5.00% Series B Mandatory Convertible Preferred Stock, both payable on January 15, 2021 to holders of record on December 31, 2020.

Positive

• Continued commitment to dividend payments reflects strong cash flow and shareholder confidence.
• Regular cash dividends support investor income and indicate financial stability.

Negative

• None.

WASHINGTON, Dec. 8, 2020 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced today that its Board of Directors has approved a regular quarterly cash dividend of $0.18 per share of its common stock, payable on January 29, 2021 to holders of record on December 28, 2020. In addition, the Board of Directors has approved a quarterly cash dividend of $11.875 per share of its 4.75% Series A Mandatory Convertible Preferred Stock, payable on January 15, 2021 to holders of record on December 31, 2020. The Board of Directors has also approved a quarterly cash dividend of $12.50 per share of its 5.00% Series B Mandatory Convertible Preferred Stock, payable on January 15, 2021 to holders of record on December 31, 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 dividend amount declared by Danaher Corporation for Q1 2021?

Danaher Corporation has declared a cash dividend of $0.18 per share for its common stock.

When will the dividend payments be made for Danaher Corporation?

The common stock dividend will be paid on January 29, 2021, and the preferred stock dividends will be paid on January 15, 2021.

Who qualifies for the Danaher Corporation dividend payment?

Shareholders on record as of December 28, 2020, for common stock and December 31, 2020, for preferred stock will qualify for the dividend.

Is Danaher Corporation's dividend sustainable?

The consistent dividend payments suggest a sustainable cash flow, indicating positive financial health.