Hillenbrand Declares First Quarter Dividend of $0.22 Per Share

The board of directors of Hillenbrand has declared a quarterly cash dividend of $0.22 per share on common stock, marking an annualized increase of $0.01 for a total of $0.88 per share in fiscal 2023.

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Rhea-AI Summary

The board of directors of Hillenbrand has declared a quarterly cash dividend of $0.22 per share on common stock, marking an annualized increase of $0.01 for a total of $0.88 per share in fiscal 2023. The dividend is payable on December 30, 2022, to shareholders of record by December 16, 2022. With over 10,000 associates, Hillenbrand operates globally, providing innovative solutions across various industries.

Positive

Annual dividend increase from $0.87 to $0.88 per share.

Negative

None.

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12/07/2022 - 05:44 PM

BATESVILLE, Ind., Dec. 7, 2022 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.22 per share on the company's common stock. On an annualized basis, this is an increase of $0.01 per share to a total rate of $0.88 per share in fiscal 2023. The dividend is payable December 30, 2022, to shareholders of record at the close of business on December 16, 2022.

About Hillenbrand
Hillenbrand (NYSE: HI) is a global industrial company operating in over 40 countries with over 10,000 associates serving a wide variety of industries around the world. Guided by our Purpose — Shape What Matters For Tomorrow™ — we pursue excellence, collaboration, and innovation to consistently shape solutions that best serve our associates, customers, communities, and other stakeholders. Hillenbrand's portfolio includes brands such as Coperion, Milacron Injection Molding & Extrusion, and Mold-Masters, in addition to Batesville. To learn more, visit: www.Hillenbrand.com.

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SOURCE Hillenbrand, Inc.

FAQ

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What is the dividend amount declared by Hillenbrand for fiscal 2023?

Hillenbrand has declared a dividend of $0.88 per share for fiscal 2023.

When is the dividend payable?

The dividend is payable on December 30, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is December 16, 2022.

How much is the increase in Hillenbrand's dividend?

The dividend increased by $0.01, from $0.87 to $0.88 per share.

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Hillenbrand Declares First Quarter Dividend of $0.22 Per Share