Hill-Rom Holdings (HRC) Declares $0.21 Annual Dividend; Approves Buyback

Hill-Rom Holdings (NYSE: HRC) declared an annual dividend of $0.21 per share, or $0.21 annualized.

The dividend will be payable on December 31, 2019, to stockholders of record on December 16, 2019, with an ex-dividend date of December 13, 2019.

The annual yield on the dividend is 0.2 percent.

Hillrom's board of directors also recently approved a $170 million expansion of its stock repurchase authorization. Based upon this action, the share repurchase plan had approximately $217.5 million of repurchase authority as of September 30, 2019. Shares will be repurchased in the open market or through private transactions at times and amounts determined by the company based on its evaluation of market conditions and other factors. The share repurchase authorization has no expiration date, and there is no change in the company's capital allocation strategy.

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

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