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Hillenbrand Keeps Dividend Steady

Thursday - 8/29/2013, 4:03am  ET

Diversified industrial company Hillenbrand announced today its fourth-quarter dividend of $0.195 per share, the same rate it's paid for the past three quarters after raising the payout 1% from $0.1925 per share.

The board of directors said the quarterly dividend is payable on Septmeber 30 to holders of record at the close of business on September 16. The regular dividend payment equates to a $0.78-per-share annual dividend, yielding 3.2% based on the closing price today of Hillenbrand's stock.

HI Dividend Chart

HI Dividend data by YCharts.

This article was originally published as Hillenbrand Keeps Dividend Steadyon Fool.com

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