Danaher Announces Quarterly Dividends

Danaher Corporation (NYSE: DHR) has declared a quarterly cash dividend of $0.21 per share on its common stock, payable on July 30, 2021, to shareholders on record as of June 25, 2021.

Rhea-AI Summary

Danaher Corporation (NYSE: DHR) has declared a quarterly cash dividend of $0.21 per share on its common stock, payable on July 30, 2021, to shareholders on record as of June 25, 2021. Additionally, the company announced dividends of $11.875 per share for its 4.75% Series A Mandatory Convertible Preferred Stock and $12.50 per share for its 5.00% Series B Mandatory Convertible Preferred Stock, both payable on July 15, 2021, with record dates of June 30, 2021.

Positive

• Regular quarterly cash dividend of $0.21 per share supports shareholder income.
• Strong dividend payments ($11.875 and $12.50) on preferred stocks indicate confidence in cash flow.

Negative

• None.

Argus Publication session

+0.98% session move Open Argus

Details

News Market Reaction – DHR

In the trading session that priced this news, DHR gained 0.98%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

WASHINGTON, May 5, 2021 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced today that its Board of Directors has approved a regular quarterly cash dividend of $0.21 per share of its common stock, payable on July 30, 2021 to holders of record on June 25, 2021. In addition, the Board of Directors has approved a quarterly cash dividend of $11.875 per share of its 4.75% Series A Mandatory Convertible Preferred Stock, payable on July 15, 2021 to holders of record on June 30, 2021. The Board of Directors has also approved a quarterly cash dividend of $12.50 per share of its 5.00% Series B Mandatory Convertible Preferred Stock, payable on July 15, 2021 to holders of record on June 30, 2021.

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 69,000 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.

View original content:http://www.prnewswire.com/news-releases/danaher-announces-quarterly-dividends-301284911.html

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 $0.21 per share on common stock.

When will the dividend be paid for Danaher Corporation DHR?

The dividend for common stock will be paid on July 30, 2021.

What are the payment dates for the preferred stock dividends of DHR?

Preferred stock dividends are payable on July 15, 2021.

How much is the dividend for the Series A Mandatory Convertible Preferred Stock?

The dividend for the Series A Mandatory Convertible Preferred Stock is $11.875 per share.

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

The dividend for the Series B Mandatory Convertible Preferred Stock is $12.50 per share.