The board of directors declared an 11 percent increase in the company’s quarterly dividend rate.
CHICAGO, March 7, 2018 /PRNewswire/ -- Hill-Rom, Inc. (NYSE: HRC) announced today that its board of directors declared an 11 percent increase in the company’s quarterly dividend rate, from the previous rate of $0.18 per share to $0.20 per share. The fiscal second quarter 2018 quarterly dividend is payable on March 30, 2018, to shareholders of record as of the close of business on March 23, 2018. The indicated annual dividend rate is $0.80 per share.
“Hill-Rom is pleased to raise the quarterly dividend rate for 2018,” said John J. Greisch, president and CEO. “This reflects our continued confidence in strong operating performance and cash flow generation, and commitment to enhancing shareholder value.”
About Hill-Rom Holdings, Inc.
Hill-Rom is a leading global medical technology company whose products, services and more than 10,000 employees worldwide help people get better care inside and outside the hospital. Our innovations in five core areas - Advancing Mobility, Wound Care and Prevention, Patient Monitoring and Diagnostics, Surgical Safety and Efficiency, and Respiratory Health - improve clinical and economic outcomes and ensure caregivers in more than 100 countries have the products they need to protect their patients, speed up recoveries and manage conditions. Every day, around the world, we enhance outcomes for patients and their caregivers. Learn more at hill-rom.com.
CONTACT INFORMATION Investor Relations ------------------ Contact: Mary Kay Ladone, Vice President, Investor Relations Phone: 312-819-9387 Email: marykay.ladone@hill-rom.com Media ----- Contact: Howard Karesh, Vice President, Corporate Communications Phone: 312-819-7268 Email: howard.karesh@hill-rom.com
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SOURCE Hill-Rom Holdings, Inc.
Company Codes: NYSE:HRC |
