Hillenbrand Declares Fourth Quarter Dividend of $0.2125 Per Share

The board of directors of Hillenbrand has declared a quarterly cash dividend of $0.2125 per share on its common stock.

(Neutral)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

The board of directors of Hillenbrand has declared a quarterly cash dividend of $0.2125 per share on its common stock. This dividend is payable on September 30, 2020, to shareholders of record as of September 16, 2020. Hillenbrand is a diversified industrial company with operations across various sectors including death care and manufacturing. The company aims for profitable growth and strong cash generation to enhance shareholder value.

Positive

Quarterly cash dividend of $0.2125 per share indicates company confidence and commitment to returning value to shareholders.
Dividend payment to occur on September 30, 2020, providing timely income for shareholders.

Negative

None.

Argus Session date unavailable

+0.28% session move Open Argus

Details

News Market Reaction – HI

The recorded move for HI in the trading session of this news was +0.28%.

Data tracked by StockTitan Argus. Session date unavailable.

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

08/27/2020 - 04:15 PM EDT

BATESVILLE, Ind., Aug. 27, 2020 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.2125 per share on the company's common stock. The dividend is payable September 30, 2020, to shareholders of record at the close of business on September 16, 2020.

About Hillenbrand
Hillenbrand (www.Hillenbrand.com) is a global diversified industrial company with businesses that serve a wide variety of industries around the world. We pursue profitable growth and robust cash generation to drive increased value for our shareholders. Hillenbrand's portfolio includes industrial businesses such as Coperion, Milacron Injection Molding & Extrusion, and Mold-Masters, in addition to Batesville, a recognized leader in the death care industry in North America. Hillenbrand is publicly traded on the NYSE under "HI."

View original content to download multimedia:http://www.prnewswire.com/news-releases/hillenbrand-declares-fourth-quarter-dividend-of-0-2125-per-share-301120041.html

SOURCE Hillenbrand, Inc.

FAQ

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

What is the dividend amount declared by Hillenbrand?

Hillenbrand has declared a quarterly cash dividend of $0.2125 per share.

When is the dividend payable for Hillenbrand?

The dividend is payable on September 30, 2020.

When is the record date for Hillenbrand's dividend?

The record date for the dividend is September 16, 2020.

How often does Hillenbrand declare dividends?

Hillenbrand typically declares dividends quarterly.

Keep reading

Hillenbrand Declares Fourth Quarter Dividend of $0.2125 Per Share