Donaldson's last quarterly dividend payment of $0.25 per share was made to shareholders on record before Feb 9, 2024. At an annualized rate of $1 per share, the stock yields 1.39%.
DCI has a dividend yield of 1.39% which is higher than the industry average but lower than the Industrials sector average. But if we consider the Industrials sector average of 1.41%, Donaldson's dividend yield is only 1.4% lower. The current dividend yield is less than the historical average of 1.5% of the last 5 years.
Donaldson has been paying dividends for the last 32 years. According to our records DCI has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 9% since one year ago. However with the stock price up by 13% from a year ago, the dividend yield marks a decrease of 3.5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 9, 2024 | Feb 28, 2024 | Jan 25, 2024 | $0.25 | normal |
| Dec 4, 2023 | Dec 20, 2023 | Nov 17, 2023 | $0.25 | normal |
| Aug 14, 2023 | Aug 30, 2023 | Jul 28, 2023 | $0.25 | normal |
| Jun 6, 2023 | Jun 23, 2023 | May 24, 2023 | $0.25 | normal |
| Feb 9, 2023 | Feb 27, 2023 | Jan 26, 2023 | $0.23 | normal |
| Dec 2, 2022 | Dec 20, 2022 | Nov 18, 2022 | $0.23 | normal |
| Aug 15, 2022 | Aug 31, 2022 | Jul 29, 2022 | $0.23 | normal |
| Jun 8, 2022 | Jun 24, 2022 | May 25, 2022 | $0.23 | normal |
| Feb 10, 2022 | Feb 25, 2022 | Jan 27, 2022 | $0.22 | normal |
| Dec 6, 2021 | Dec 22, 2021 | Nov 19, 2021 | $0.22 | normal |
| Aug 13, 2021 | Aug 31, 2021 | Jul 30, 2021 | $0.22 | normal |
| Jun 9, 2021 | Jun 25, 2021 | May 26, 2021 | $0.22 | normal |
| Feb 10, 2021 | Feb 26, 2021 | Jan 28, 2021 | $0.21 | normal |
| Dec 4, 2020 | Dec 22, 2020 | Nov 20, 2020 | $0.21 | normal |
| Aug 14, 2020 | Aug 31, 2020 | Jul 31, 2020 | $0.21 | normal |
| Jun 12, 2020 | Jun 30, 2020 | May 29, 2020 | $0.21 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Jan 30, 2020 | $0.21 | normal |
| Dec 9, 2019 | Dec 27, 2019 | Nov 22, 2019 | $0.21 | normal |
| Aug 12, 2019 | Aug 29, 2019 | Jul 26, 2019 | $0.21 | normal |
| Jun 12, 2019 | Jun 28, 2019 | May 31, 2019 | $0.21 | normal |
| Feb 8, 2019 | Feb 28, 2019 | Jan 25, 2019 | $0.19 | normal |
| Dec 10, 2018 | Dec 21, 2018 | Nov 30, 2018 | $0.19 | normal |
| Aug 13, 2018 | Aug 30, 2018 | Jul 27, 2018 | $0.19 | normal |
| Jun 8, 2018 | Jun 28, 2018 | May 23, 2018 | $0.19 | normal |
| Feb 13, 2018 | Mar 6, 2018 | Jan 26, 2018 | $0.18 | normal |
| Dec 5, 2017 | Dec 21, 2017 | Nov 17, 2017 | $0.18 | normal |
| Aug 11, 2017 | Aug 31, 2017 | Jul 28, 2017 | $0.18 | normal |
| Jun 8, 2017 | Jun 28, 2017 | May 24, 2017 | $0.175 | normal |
| Feb 10, 2017 | Mar 3, 2017 | $0.175 | normal | |
| Dec 2, 2016 | Dec 21, 2016 | Nov 18, 2016 | $0.175 | normal |
| Aug 11, 2016 | Aug 31, 2016 | Jul 29, 2016 | $0.175 | normal |
| Jun 8, 2016 | Jun 29, 2016 | May 25, 2016 | $0.175 | normal |
| Feb 11, 2016 | Mar 2, 2016 | Jan 28, 2016 | $0.17 | normal |
DCI has a payout ratio of 32.2% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 30.1%, Donaldson's payout ratio is 7% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CAT Caterpillar Inc | 1.43% | $5.2 | 25.7% |
| DCI Donaldson Co Inc | 1.38% | $1 | 32.2% |
| PH Parker Hannifin Corp | 1.08% | $5.92 | 28.9% |
Yes, Donaldson has been paying dividends for the last 32 years.
DCI hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2024.
Donaldson's last regular dividend was on Feb 9, 2024 (ex-date) with the amount of $0.25 per share.
DCI's annualized dividend per share is $1.
Currently Donaldson's dividend yield is 1.39%.
Donaldson pays four dividends per year.
Donaldson's dividend payout ratio is 32.2%.
Donaldson's dividend yield is in line with the Industrials sector average.