Hillenbrand Declares First Quarter Dividend of $0.2175 Per Share

Rhea-AI Summary

The board of directors of Hillenbrand has declared a quarterly cash dividend of $0.2175 per share on its common stock. This represents an increase of $0.01 per share, bringing the total annualized rate to $0.87 for fiscal 2022. The dividend will be payable on December 30, 2021, to shareholders of record as of December 17, 2021.

Positive

• Quarterly cash dividend increased to $0.2175 per share.
• Annualized dividend rate rises to $0.87 for fiscal 2022.

Negative

• None.

BATESVILLE, Ind., Dec. 2, 2021 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.2175 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 $0.87 per share in fiscal 2022.  The dividend is payable December 30, 2021, to shareholders of record at the close of business on December 17, 2021.

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 dividend amount declared by Hillenbrand for December 2021?

Hillenbrand declared a dividend of $0.2175 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 30, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is December 17, 2021.

How much is the annualized dividend for Hillenbrand in fiscal 2022?

The annualized dividend for fiscal 2022 is $0.87 per share.