Donaldson Company, Inc. reports news on filtration products and solutions for mobile equipment, industrial applications and life sciences. The company manufactures air filtration systems, liquid filtration systems, replacement parts, and dust, fume and mist collectors used in end markets such as construction, mining, agriculture, trucking and industrial operations.
Recurring Donaldson updates include operating and financial results, earnings conference calls, investor conference presentations, governance matters and capital-structure disclosures. Product news also covers filtration technologies such as ArmorSeal air filtration for on-road and off-road heavy-duty equipment.
On November 19, 2021, Donaldson Company (NYSE: DCI) held its annual stockholders meeting, where preliminary voting indicated support for key resolutions. Shareholders elected three directors, including new member Christopher Hilger. They also approved the company's executive compensation practices and favored annual non-binding advisory votes on these practices. Additionally, PricewaterhouseCoopers was ratified as Donaldson's independent public accountant. Final voting results will be disclosed via Form 8-K with the SEC.
Donaldson Company, Inc. (NYSE: DCI) has declared a cash dividend of 22.0 cents per share, payable on December 22, 2021, to shareholders of record on December 7, 2021. This marks the company's 26th consecutive year of increasing annual dividends and aligns with its long-standing commitment to returning value to shareholders, having paid quarterly dividends for 66 years. Donaldson is also a member of the S&P High-Yield Dividend Aristocrats Index.
Donaldson Company (NYSE: DCI) will hold its first quarter 2022 earnings conference call on December 1, 2021, at 9:00 a.m. CST. The event will be accessible via a live webcast available on its Investor Relations website. A replay of the call can also be accessed after 12:00 p.m. CST on the same day. Established in 1915, Donaldson is a leader in filtration products, catering to various industries worldwide.
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Donaldson Company (NYSE: DCI) has enhanced its iCue™ Connected Filtration Service by introducing three new features aimed at improving operational efficiency and sustainability. These updates include fan energy monitoring, bin level monitoring, and expanded pulse valve health monitoring. The service helps manufacturers reduce downtime and optimize maintenance while capturing compliance data. iCue service is offered free for six months on select dust collector models in the US, Canada, and Europe, supporting Donaldson's commitment to providing valuable insights and reducing operational costs.
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Donaldson Company (NYSE: DCI), a leader in filtration solutions, will participate in Morgan Stanley’s Virtual Laguna Conference on September 14. Members of the management team will engage in a fireside chat starting at 1:30 p.m. EDT. Investors can listen live via the webcast on Donaldson's Investor Relations website. A replay will be available for 90 days post-event. Founded in 1915, Donaldson continues to drive innovation in filtration technology worldwide.
Donaldson Company reported a record fiscal 2021 with sales of $2.854 billion, a 25.2% increase in Q4'21 sales compared to Q4'20. GAAP EPS rose to $2.24 for the year and $0.66 for Q4, marking increases of 12% and 32%, respectively. For fiscal 2022, sales are expected to rise between 5% and 10%, with EPS projected between $2.50 and $2.66. Key growth drivers include strong performance in Engine and Industrial Products, although challenges like raw material costs and supply chain constraints persist.
Donaldson Company (NYSE: DCI) will host a webcast for its fourth quarter 2021 earnings conference call on September 2, 2021, at 9:00 a.m. CST. Investors can access the live broadcast through the Investor Relations section of Donaldson's website. A replay will be available the same day at approximately 12:00 p.m. CDT. Founded in 1915, Donaldson is known for its innovative filtration products and solutions, serving diverse industries globally.
Donaldson Company (NYSE: DCI) has declared a cash dividend of 22.0 cents per share, payable on August 31, 2021, to shareholders on record as of August 16, 2021. This marks the continuation of its commitment to shareholder returns, having paid dividends quarterly for 65 years. Additionally, Donaldson was included in the S&P High-Yield Dividend Aristocrats Index in January 2016, recognizing its 20 consecutive years of annual dividend increases.