Hillenbrand Declares Fourth Quarter Dividend of $0.2125 Per Share
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.
News Market Reaction – HI
In the trading session that priced this news, HI gained 0.28%, 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.
BATESVILLE, Ind., Aug. 27, 2020 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of
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."
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SOURCE Hillenbrand, Inc.