Hill-Rom Holdings (HRC) Raises Quarterly Dividend 5% to $0.21; 0.8% Yield

Hill-Rom Holdings (NYSE: HRC) declared a quarterly dividend of $0.21 per share, or $0.84 annualized. This is a 5% increase from the prior dividend of $0.20.

The dividend will be payable on March 29, 2019, to stockholders of record on March 22, 2019, with an ex-dividend date of March 21, 2019.

The annual yield on the dividend is 0.8 percent.

"We are pleased to raise our quarterly dividend rate as a demonstration of our strong financial position and free cash flow," said John P. Groetelaars, Hill-Rom president and CEO. "We continue to be committed to a capital allocation strategy of returning value to our shareholders while investing in the transformation of our portfolio to better serve patients and their caregivers by advancing connected care."

For a dividend history and other dividend-related data on Hill-Rom Holdings (HRC) click here.

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