Hillenbrand, Inc. Declares First Quarter Dividend, Payable on December 29, 2023
December 07, 2023 at 04:33 pm EST
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The board of directors of Hillenbrand, Inc. has declared a regular quarterly cash dividend of $0.2225 per share on the company's common stock. On an annualized basis, this is an increase of $0.01 per share to a total rate of $0.89 per share in fiscal 2024. The dividend is payable December 29, 2023, to shareholders of record at the close of business on December 15, 2023.
Hillenbrand, Inc. is a global industrial company that provides processing equipment and solutions. The Company operates through two segments: advanced process solutions and molding technology solutions. The advanced process solutions segment is a provider of process and material handling equipment, systems, and aftermarket parts and services for a variety of industries, including durable plastics, food and recycling. This segment's technologies include compounding, extrusion, material handling, conveying, mixing, ingredient automation, portion process, and screening and separating equipment. The molding technology solutions segment provides equipment, systems and aftermarket parts and service for the plastic technology processing industry. This segment has a product portfolio that includes injection molding and extrusion equipment, hot runner systems, mold bases and components, and maintenance, repair, and operating supplies. Its brands include Coperion, Milacron, K-Tron and Rotex.
HILLENBRAND, INC. 
