Hillenbrand's most recent quarterly dividend of $0.22 per share was on Dec 15, 2022 (ex-date). The annualized payout of $0.87 per share represents a current dividend yield of 1.92%. The latest HI distribution of $0.22 marks a dividend growth of 1.1%.
Hillenbrand's dividend yield of 1.92% is above the Industrials sector and the industry average but below its peers average. Compared to its Industrials sector average of 1.45%, Hillenbrand's dividend yield is 32% higher. The current dividend yield is below the historical average of 2.3% of the last 5 years.
Hillenbrand has a history of paying dividends since 2008. Our records of HI show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 1.3% for the last twelve months. And since the stock price has gone down by 0.3% from a year ago, the dividend yield has increased by 1.9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 15, 2022 | Dec 30, 2022 | Dec 7, 2022 | $0.22 | normal |
| Sep 15, 2022 | Sep 30, 2022 | Aug 25, 2022 | $0.218 | normal |
| Jun 15, 2022 | Jun 30, 2022 | $0.218 | normal | |
| Mar 16, 2022 | Mar 31, 2022 | Feb 10, 2022 | $0.218 | normal |
| Dec 16, 2021 | Dec 30, 2021 | Dec 2, 2021 | $0.218 | normal |
| Sep 15, 2021 | Sep 30, 2021 | Aug 26, 2021 | $0.215 | normal |
| Jun 15, 2021 | Jun 30, 2021 | May 7, 2021 | $0.215 | normal |
| Mar 16, 2021 | Mar 31, 2021 | Feb 11, 2021 | $0.215 | normal |
| Dec 16, 2020 | Dec 31, 2020 | Dec 3, 2020 | $0.215 | normal |
| Sep 15, 2020 | Sep 30, 2020 | Aug 27, 2020 | $0.213 | normal |
| Jun 15, 2020 | Jun 30, 2020 | May 4, 2020 | $0.213 | normal |
| Mar 16, 2020 | Mar 31, 2020 | Feb 13, 2020 | $0.213 | normal |
| Dec 16, 2019 | Dec 31, 2019 | Dec 5, 2019 | $0.213 | normal |
| Sep 13, 2019 | Sep 30, 2019 | Aug 21, 2019 | $0.21 | normal |
| Jun 13, 2019 | Jun 28, 2019 | May 8, 2019 | $0.21 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Feb 14, 2019 | $0.21 | normal |
| Dec 14, 2018 | Dec 31, 2018 | Dec 6, 2018 | $0.21 | normal |
| Sep 13, 2018 | Sep 28, 2018 | Aug 30, 2018 | $0.208 | normal |
| Jun 14, 2018 | Jun 29, 2018 | May 10, 2018 | $0.208 | normal |
| Mar 15, 2018 | Mar 30, 2018 | Feb 15, 2018 | $0.208 | normal |
| Dec 15, 2017 | Dec 29, 2017 | Dec 7, 2017 | $0.208 | normal |
| Sep 14, 2017 | Sep 29, 2017 | Aug 30, 2017 | $0.205 | normal |
| Jun 14, 2017 | Jun 30, 2017 | May 10, 2017 | $0.205 | normal |
| Mar 15, 2017 | Mar 31, 2017 | Feb 22, 2017 | $0.205 | normal |
| Dec 14, 2016 | Dec 30, 2016 | Dec 6, 2016 | $0.205 | normal |
| Sep 14, 2016 | Sep 30, 2016 | Aug 31, 2016 | $0.203 | normal |
| Jun 14, 2016 | Jun 30, 2016 | $0.203 | normal | |
| Mar 15, 2016 | Mar 31, 2016 | Feb 25, 2016 | $0.203 | normal |
Hillenbrand's payout ratio of 30% is above the Industrials sector average but below the industry and its peers average. In comparison with its Industrials sector average of 27.4%, Hillenbrand's payout ratio is 9% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KMB Kimberly Clark Corp | 3.6% | $4.64 | 87.7% |
| MATW Matthews International Corp | 2.57% | $0.89 | N/A |
| HI Hillenbrand Inc | 1.92% | $0.87 | 30% |
| DD DuPont de Nemours Inc | 1.79% | $1.32 | 34.6% |
| SCI Service Corp International | 1.4% | $1.02 | 24.2% |
| WTW Willis Towers Watson Plc | 1.31% | $3.28 | 14.5% |
Yes, Hillenbrand has been paying dividends for the last 15 years.
At this point we don't have a record of HI's next dividend date, but based on the current dividend schedule we project that it will likely be in March 2023.
Hillenbrand's last dividend ex-date was on Dec 15, 2022. The dividend amount was $0.22 per share.
HI's annualized dividend per share is $0.87.
Currently Hillenbrand's dividend yield is 1.92%.
Hillenbrand pays four dividends per year.
Hillenbrand's dividend payout ratio is 30%.
Hillenbrand's dividend yield is above the Industrials sector average.