Hillenbrand Declares Third Quarter Dividend of $0.2150 Per Share

The board of directors of Hillenbrand has declared a quarterly cash dividend of $0.2150 per share on its common stock.

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Rhea-AI Summary

The board of directors of Hillenbrand has declared a quarterly cash dividend of $0.2150 per share on its common stock. The dividend is payable on June 30, 2021, to shareholders recorded by the close of business on June 16, 2021. This financial action reflects the company's commitment to providing value to its shareholders while pursuing profitable growth across its diverse industrial portfolio.

Positive

Declared a quarterly cash dividend of $0.2150 per share.
Dividend payment scheduled for June 30, 2021, demonstrates commitment to shareholder returns.

Negative

None.

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News Market Reaction – HI

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05/07/2021 - 04:15 PM EDT

BATESVILLE, Ind., May 7, 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 June 30, 2021, to shareholders of record at the close of business on June 16, 2021.

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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

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What is the dividend declared by Hillenbrand for Q3 2021?

Hillenbrand declared a dividend of $0.2150 per share for Q3 2021.

When will the dividend be paid to shareholders?

The dividend will be paid on June 30, 2021.

What is the record date for Hillenbrand's dividend payment?

The record date for the dividend payment is June 16, 2021.

How often does Hillenbrand pay dividends?

Hillenbrand pays dividends quarterly.

Is Hillenbrand's dividend sustainable?

The dividend reflects Hillenbrand's focus on profitability and cash generation, indicating a commitment to sustainability.

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