Danaher Announces Quarterly Dividends

Danaher Corporation (NYSE: DHR) has declared a quarterly cash dividend of $0.25 per share for common stock, payable on January 27, 2023, to holders of record on December 30, 2022.

Rhea-AI Summary

Danaher Corporation (NYSE: DHR) has declared a quarterly cash dividend of $0.25 per share for common stock, payable on January 27, 2023, to holders of record on December 30, 2022. Additionally, a cash dividend of $12.50 per share on its 5.00% Series B Mandatory Convertible Preferred Stock will be paid on January 15, 2023, to those on record as of December 31, 2022. This dividend announcement underscores Danaher's commitment to returning value to shareholders.

Positive

• Quarterly cash dividend of $0.25 per share for common stock.
• Dividend of $12.50 per share for Series B Mandatory Convertible Preferred Stock.

Negative

• None.

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News Market Reaction – DHR

In the trading session that priced this news, DHR gained 1.09%, reflecting a mild positive market reaction.

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WASHINGTON, Dec. 6, 2022 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced today that its Board of Directors has approved a regular quarterly cash dividend of $0.25 per share of its common stock, payable on January 27, 2023 to holders of record on December 30, 2022. 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 January 15, 2023 to holders of record on December 31, 2022.

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 80,000 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 declared by Danaher Corporation on December 6, 2022?

Danaher Corporation declared a quarterly cash dividend of $0.25 per share for common stock.

When will the dividend be paid to shareholders for Danaher Corporation?

The dividend for common stock will be payable on January 27, 2023.

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

The payment date for the Series B Mandatory Convertible Preferred Stock dividend is January 15, 2023.