Hillenbrand Declares Second Quarter Dividend of $0.2150 Per Share

Rhea-AI Summary

The board of directors of Hillenbrand (NYSE: HI) has declared a quarterly cash dividend of $0.2150 per share on its common stock. This dividend is payable on March 31, 2021, to shareholders of record as of March 17, 2021. Hillenbrand is a diversified industrial company with a focus on profitable growth and cash generation, operating in various industries including death care in North America.

Positive

• Quarterly cash dividend of $0.2150 per share enhances shareholder income.
• Dividend payment indicates company confidence in cash flow.

Negative

• None.

BATESVILLE, Ind., Feb. 11, 2021 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.2150 per share on the company's common stock.  The dividend is payable March 31, 2021, to shareholders of record at the close of business on March 17, 2021.

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.

FAQ

What is the dividend amount declared by Hillenbrand in February 2021?

Hillenbrand declared a quarterly cash dividend of $0.2150 per share.

When is the dividend payable to shareholders?

The dividend is payable on March 31, 2021.

When is the record date for Hillenbrand's dividend?

The record date for the dividend is March 17, 2021.

How often does Hillenbrand pay dividends?

Hillenbrand pays dividends on a quarterly basis.

What is the significance of the declared dividend for shareholders?

The declared dividend reflects the company's confidence in its cash generation and profitability.