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.
AI-generated analysis. Not financial advice.
Positive
- Corrected cash dividend of $12.50 reflects financial stability.
- Dividend payment date confirms ongoing shareholder returns.
Negative
- None.
News Market Reaction – DHR
On the day this news was published, DHR gained 1.27%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
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