Hillenbrand Boosts Dividend 1.1%

Dow Jones

2024-12-06

By Sarina Isaacs

Hillenbrand hiked its quarterly dividend 1.1% to 22.5 cents per share.

The Batesville, Ind., processing-equipment maker said on Thursday its board approved the hike, bringing the annual dividend to 90 cents per share, an increase of 1 cent. That is equal to a dividend yield of 2.7% based on the company's latest closing per share price of $32.95.

The dividend will be payable Dec. 31 to shareholders of record at the close of business on Dec. 16.

Write to Sarina Isaacs at sarina.isaacs@wsj.com

(END) Dow Jones Newswires

December 05, 2024 17:22 ET (22:22 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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That is equal to a dividend yield of 2.7% based on the company's latest closing per share price of $32.95. \n\n\n  The dividend will be payable Dec. 31 to shareholders of record at the close of business on Dec. 16. \n\n\n \n\n\n  Write to Sarina Isaacs at sarina.isaacs@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 05, 2024 17:22 ET (22:22 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}