Hillenbrand Declares First Quarter Dividend of $0.2150 Per Share

Rhea-AI Summary

The board of directors of Hillenbrand has announced a quarterly cash dividend of $0.2150 per share, marking an annual increase of $0.01 to $0.86 for fiscal 2021. This dividend is payable on December 31, 2020, to shareholders on record by December 17, 2020. Hillenbrand is a diversified industrial company with a focus on profitable growth and cash generation across various industries, including leading positions in death care and manufacturing businesses.

Positive

• Quarterly cash dividend increased to $0.2150 per share.
• Annualized dividend rate raised to $0.86 per share for fiscal 2021.

Negative

• None.

BATESVILLE, Ind., Dec. 3, 2020 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.2150 per share on the company's common stock. On an annualized basis, this is an increase of $0.01 per share to a total rate of $0.86 per share in fiscal 2021.  The dividend is payable December 31, 2020, to shareholders of record at the close of business on December 17, 2020.

About Hillenbrand

Hillenbrand (www.Hillenbrand.com) is a global diversified industrial company with businesses that serve a wide variety of industries around the world. We pursue profitable growth and robust cash generation to drive increased value for our shareholders. Hillenbrand's portfolio includes industrial businesses such as Coperion, Milacron Injection Molding & Extrusion, and Mold-Masters, in addition to Batesville, a recognized leader in the death care industry in North America. Hillenbrand is publicly traded on the NYSE under "HI."

 

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SOURCE Hillenbrand, Inc.

FAQ

What is the amount of Hillenbrand's dividend for December 2020?

Hillenbrand declared a dividend of $0.2150 per share for December 2020.

When will Hillenbrand's dividend be paid?

The dividend will be payable on December 31, 2020.

What is the total annual dividend amount for Hillenbrand in fiscal 2021?

The total annual dividend amount for fiscal 2021 is $0.86 per share.

Who is eligible to receive the dividend?

Shareholders of record at the close of business on December 17, 2020, are eligible to receive the dividend.