Hillenbrand Increases Quarterly Dividend to $0.225 Per Share
Hillenbrand's Exciting Dividend Announcement
The board of directors of Hillenbrand, Inc. (NYSE: HI) has proudly announced a regular cash dividend of $0.225 per share on its common stock. This announcement signifies an annual increase of $0.01, bringing the total dividend rate to $0.90 per share for fiscal 2025. Such a commitment underlines Hillenbrand's dedication to delivering value to its shareholders.
Dividend Payment Details
The scheduled date for this dividend payment is December 31, 2024. Shareholders on record by the close of business on December 16, 2024, will be eligible to receive this dividend. This reflects the company's robust financial strategy and its intent to reward its investors.
About Hillenbrand, Inc.
Hillenbrand, Inc. (NYSE: HI) is a prominent global industrial company specializing in highly-engineered processing equipment and solutions. With operations in over 100 countries, Hillenbrand supports diverse sectors including durable plastics, food processing, and recycling. The company focuses on creating substantial, mission-critical solutions that serve its clients’ needs effectively.
Commitment to Innovation
Guided by its purpose, "Shape What Matters For Tomorrow™", Hillenbrand embraces a culture of excellence and collaboration. Innovation is at the heart of what Hillenbrand does; the company continuously seeks to enhance its offerings and provide transformative solutions tailored to their customers and communities.
Global Reach and Influence
Hillenbrand's influence spans various high-demand markets where its products are essential. By maintaining high standards across its brands, Hillenbrand promises quality and reliability. This strategic positioning sets them apart in the competitive landscape, allowing for sustainable growth and mutual success for the company and its stakeholders.
Looking Ahead
As Hillenbrand moves forward, its leadership and commitment to its core values continue to guide its strategy and operations. The company is determined to foster relationships with its customers, investors, and the community, ensuring long-term prosperity through innovation and customer-focused solutions.
Frequently Asked Questions
What is the new dividend announced by Hillenbrand, Inc.?
Hillenbrand, Inc. has declared a new quarterly dividend of $0.225 per share, which is an increase of $0.01 from the previous amount.
When will the dividend be paid?
The dividend will be paid on December 31, 2024, for shareholders on record as of December 16, 2024.
What are Hillenbrand's core business sectors?
Hillenbrand specializes in providing engineered solutions primarily in the durable plastics, food, and recycling markets.
How does Hillenbrand incorporate innovation?
Guided by its purpose, Hillenbrand drives innovation through collaboration and consistent efforts to create solutions that meet industry needs.
How can I find out more about Hillenbrand?
For further information on Hillenbrand and its offerings, you can visit their official website at www.Hillenbrand.com.
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