BATESVILLE, Ind., Dec. 6, 2016 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.2050 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 $0.82 per share in fiscal year 2017. The dividend is payable December 30, 2016, to shareholders of record at the close of business on December 16, 2016.
Hillenbrand (www.hillenbrand.com) is a global diversified industrial company with multiple market-leading brands that serve a wide variety of industries across the globe. We pursue profitable growth and robust cash generation in order to drive increased value for our shareholders. Hillenbrand's portfolio is composed of two business segments: the Process Equipment Group and Batesville. The Process Equipment Group businesses design, develop, manufacture and service highly engineered industrial equipment around the world. Batesville is a recognized leader in the North American death care industry. Hillenbrand is publicly traded on the NYSE under "HI".
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SOURCE Hillenbrand, Inc.