Danaher Announces Quarterly Dividend

Rhea-AI Summary

Danaher Corporation (NYSE: DHR) has declared a quarterly cash dividend of $0.18 per share for its common stock, scheduled for payment on October 30, 2020, to shareholders on record as of September 28, 2020. Additionally, the Board approved dividends for its preferred stock: $11.875 for the 4.75% Series A and $12.00 for the 5.00% Series B, both payable on October 15, 2020 to those on record as of September 30, 2020.

Positive

• Quarterly cash dividend of $0.18 per share indicates stable cash flow.
• Dividends for preferred stock enhance income for shareholders.
• Demonstrates commitment to returning value to investors.

Negative

• None.

News Market Reaction – DHR

-0.79%

-0.79% Session move

In the trading session that priced this news, DHR declined 0.79%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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WASHINGTON, Sept. 15, 2020 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced today that its Board of Directors has approved a regular quarterly cash dividend of $0.18 per share of its common stock, payable on October 30, 2020 to holders of record on September 28, 2020. 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 October 15, 2020 to holders of record on September 30, 2020. The Board of Directors has also approved a quarterly cash dividend of $12.00 per share of its 5.00% Series B Mandatory Convertible Preferred Stock, payable on October 15, 2020 to holders of record on September 30, 2020.

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

FAQ

What is the dividend amount for Danaher Corporation (DHR) for October 2020?

Danaher Corporation (DHR) has declared a dividend of $0.18 per share for common stock.

When will Danaher Corporation (DHR) pay its next dividend?

The next dividend for common stock will be paid on October 30, 2020.

What are the payment dates for preferred stock dividends for Danaher Corporation (DHR)?

The dividends for the preferred stock will be paid on October 15, 2020.

Who is eligible for the upcoming dividend from Danaher Corporation (DHR)?

Shareholders on record as of September 28, 2020, for common stock and September 30, 2020, for preferred stock are eligible.