Hillenbrand Declares Second Quarter Dividend of $0.22 Per Share

The board of directors of Hillenbrand (NYSE: HI) has announced a quarterly cash dividend of $0.22 per share on its common stock.

Rhea-AI Summary

The board of directors of Hillenbrand (NYSE: HI) has announced a quarterly cash dividend of $0.22 per share on its common stock. This dividend is set to be paid on March 31, 2023, to shareholders recorded as of the close of business on March 17, 2023. Hillenbrand is a global industrial company that provides engineered processing equipment and solutions across various sectors, including durable plastics, food, and recycling, serving customers in over 100 countries.

Positive

• Regular quarterly dividend declared at $0.22 per share, indicating strong cash flow and commitment to returning value to shareholders.

Negative

• None.

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BATESVILLE, Ind., Feb. 24, 2023 /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.  The dividend is payable March 31, 2023, to shareholders of record at the close of business on March 17, 2023.

About Hillenbrand
Hillenbrand (NYSE: HI) is a global industrial company that provides highly-engineered, mission-critical processing equipment and solutions to customers in over 100 countries around the world. Our portfolio is composed of leading industrial brands that serve large, attractive end markets, including durable plastics, food, and recycling. 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. To learn more, visit: www.Hillenbrand.com.

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SOURCE Hillenbrand, Inc.

FAQ

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

What is the dividend amount declared by Hillenbrand for the second quarter of 2023?

Hillenbrand has declared a dividend of $0.22 per share for the second quarter of 2023.

When will Hillenbrand's dividend be paid?

The dividend will be paid on March 31, 2023.

Who is eligible to receive the dividend from Hillenbrand?

Shareholders of record at the close of business on March 17, 2023, will be eligible to receive the dividend.

How often does Hillenbrand pay dividends?

Hillenbrand typically pays dividends on a quarterly basis.