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)

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