Danaher Announces Quarterly Dividends

Danaher Corporation (NYSE: DHR) has declared a quarterly cash dividend of $0.27 per share for its common stock, set for payment on April 28, 2023, to stockholders of record by March 31, 2023.

Rhea-AI Summary

Danaher Corporation (NYSE: DHR) has declared a quarterly cash dividend of $0.27 per share for its common stock, set for payment on April 28, 2023, to stockholders of record by March 31, 2023. Additionally, a quarterly cash dividend of $12.50 per share for the 5.00% Series B Mandatory Convertible Preferred Stock will be paid on April 17, 2023, also to holders of record by March 31, 2023. Danaher focuses on solving complex challenges through its global science and technology initiatives, with a diverse workforce of about 81,000 employees.

Positive

• Quarterly cash dividend of $0.27 per share enhances shareholder income.
• Strong commitment to regular dividends indicates company stability and confidence.

Negative

• None.

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In the trading session that priced this news, DHR gained 0.96%, reflecting a mild positive market reaction.

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WASHINGTON, Feb. 22, 2023 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced today that its Board of Directors has approved a regular quarterly cash dividend of $0.27 per share of its common stock, payable on April 28, 2023 to holders of record on March 31, 2023. In addition, the Board of Directors has approved a quarterly cash dividend of $12.50 per share of its 5.00% Series B Mandatory Convertible Preferred Stock, payable on April 17, 2023 to holders of record on March 31, 2023.

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 approximately 81,000 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Danaher Corporation (DHR)?

Danaher Corporation has declared a quarterly cash dividend of $0.27 per share for its common stock.

When will the dividend for DHR be paid?

The dividend will be paid on April 28, 2023, to stockholders of record by March 31, 2023.

What is the dividend for Danaher's Series B Mandatory Convertible Preferred Stock?

The dividend for the Series B Mandatory Convertible Preferred Stock is $12.50 per share, payable on April 17, 2023.

What date is the record for the preferred stock dividend?

The record date for the preferred stock dividend is March 31, 2023.