Hillenbrand dividend yield – Hillenbrand Board of Directors Declares Quarterly Cash Dividend of $0.22 Per Share.
May 4, 2023
Trending News ☀️
Hillenbrand ($NYSE:HI), Inc., a leading industrial company based in Batesville, Indiana, has declared a quarterly cash dividend of $0.22 per share, as announced on May 3, 2023. This marks the fourth consecutive quarter that the board of directors at Hillenbrand have declared a dividend payment for its shareholders. Hillenbrand is a diversified industrial company comprised of two segments: Process Equipment Group and Batesville. Through its Process Equipment Group, Hillenbrand designs, manufactures, and distributes a variety of process equipment used in the industrial sector worldwide.
Through its Batesville business segment, Hillenbrand manufactures and distributes burial caskets and other memorial products. The company’s stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol “HI”.
Dividends – Hillenbrand dividend yield
The Board of Directors of Hillenbrand Inc. has declared a quarterly cash dividend of $0.22 per share, bringing the total dividend yield of the company to 1.37% this fiscal year. This marks the third consecutive year that Hillenbrand has issued an annual dividend per share of $0.87, $0.87, and $0.86 USD, respectively. These dividend yields are expected to remain consistent for 2021 to 2023, with yields of 1.87% and 1.97%, respectively. On average, the dividend yield is expected to be 1.74%.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hillenbrand. More…
| Total Revenues | Net Income | Net Margin |
| 3.03k | 205.4 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hillenbrand. More…
| Operations | Investing | Financing |
| 165.2 | -773.3 | 403.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hillenbrand. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.89k | 3.69k | 16.78 |
Key Ratios Snapshot
Some of the financial key ratios for Hillenbrand are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.6% | 31.9% | 12.6% |
| FCF Margin | ROE | ROA |
| 3.5% | 21.3% | 4.9% |
Price History
At the market close, HILLENBRAND stock opened at $46.2 and closed at $45.8, representing a 0.5% decrease from the previous closing price of $46.0. Hillenbrand_Board_of_Directors_Declares_Quarterly_Cash_Dividend_of_0.22_Per_Share.”>Live Quote…
Analysis
Recently, GoodWhale conducted an analysis on HILLENBRAND’s financial and business wellbeing. Upon conducting our assessment, our Risk Rating categorized HILLENBRAND as a high risk investment. Our analysis uncovered 3 risk warnings amongst their income sheet, balance sheet, and non financial components. If you’d like to learn more about these risks, please register at goodwhale.com and take a look at our assessment. Our team is dedicated to helping investors make informed decisions when it comes to their investments, so we invite you to take advantage of this free service. Hillenbrand_Board_of_Directors_Declares_Quarterly_Cash_Dividend_of_0.22_Per_Share.”>More…
Peers
The company has a strong history of innovation and customer focus, and its products are used in a variety of applications. Hillenbrand‘s primary competitors are UVAT Technology Co Ltd, Hefei Meyer Optoelectronic Technology Inc, and Pfeiffer Vacuum Technology AG. These companies are all leaders in their respective fields, and each offers a unique set of products and services.
– UVAT Technology Co Ltd ($TPEX:3580)
Shenzhen-based electronics manufacturer, DJI Innovations, is a world leader in developing and manufacturing creative solutions for aerial photography and filmmaking, gimbal stabilization systems, and ground-based imaging solutions. DJI’s products are used in a wide variety of industries, including filmmaking, agriculture, search and rescue, energy infrastructure, and more. The company has a market cap of 1.98B as of 2022 and a Return on Equity of 14.66%. DJI is constantly innovating to bring new products and solutions to market, and is committed to helping its customers achieve their creative vision.
– Hefei Meyer Optoelectronic Technology Inc ($SZSE:002690)
Meyer Optoelectronic Technology Inc. is a market leader in optoelectronic technology and products. They have a market capitalization of 21.14 billion as of 2022 and a return on equity of 15.88%. The company is dedicated to the research, development, production, and sales of optoelectronic products. They offer a wide range of products including: semiconductor lasers, optical fiber communication products, laser displays, and more. The company is headquartered in Hefei, China and has over 3,000 employees.
– Pfeiffer Vacuum Technology AG ($LTS:0FQR)
Pfeiffer Vacuum Technology AG is a leading manufacturer of vacuum pumps, chambers, and abatement solutions. The company has a market capitalization of 1.33 billion as of 2022 and a return on equity of 13.49%. Pfeiffer Vacuum Technology AG designs, manufactures, and markets a broad range of products for a variety of applications in the semiconductor, scientific research, medical, steel, and glass industries.
Summary
Hillenbrand Inc. has announced a regular quarterly cash dividend of $0.22 per share. This dividend is a positive sign for investors as it shows the company is financially healthy and is returning value to shareholders. Investors should consider Hillenbrand when considering investing in a long-term dividend stock.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
