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HI Hillenbrand dividend history, payout ratio & dates

Hillenbrand's most recent quarterly dividend of $0.223 per share was on Dec 14, 2023 (ex-date). The annualized payout of $0.88 per share represents a current dividend yield of 1.86%. The latest HI distribution of $0.223 marks a dividend growth of 1.1%.

Key dates

  • HI last dividend date: Dec 14, 2023
  • HI next dividend date: Mar 14, 2024
HI dividend stats
DPS
$0.88
Dividend yield
1.86%
Payout ratio
11.4%
vs. Industrials sector
Dividend yield
1.43%
Payout ratio
30.3%

Dividend yield

What is Hillenbrand current dividend yield

Hillenbrand's dividend yield of 1.86% is above the Industrials sector and the industry average but below its peers average. Compared to its Industrials sector average of 1.43%, Hillenbrand's dividend yield is 30% higher. The current dividend yield is below the historical average of 2.3% of the last 5 years.

Dividend history

What is HI dividend payout history and dates

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% for the last twelve months. And since the stock price has gone up by 0.9% from a year ago, the dividend yield has increased by 0.3%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Dec 14, 2023 Dec 29, 2023 Dec 7, 2023 $0.223 normal
Sep 14, 2023 Sep 29, 2023 Aug 24, 2023 $0.22 normal
Jun 15, 2023 Jun 30, 2023 May 3, 2023 $0.22 normal
Mar 16, 2023 Mar 31, 2023 Feb 24, 2023 $0.22 normal
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 dividend payout ratio

What is Hillenbrand dividend payout ratio compared to the sector

Payout ratio

Hillenbrand's payout ratio of 11.4% is below the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 30.3%, Hillenbrand's payout ratio is 62% lower.

Total amount of dividends paid per financial year (from cash flow)

HI dividend vs peer dividends

How does HI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
KMB Kimberly Clark Corp 3.9% $4.72 90.4%
MATW Matthews International Corp 3.25% $0.94 86.2%
DD DuPont de Nemours Inc 2.11% $1.46 155.3%
HI Hillenbrand Inc 1.86% $0.88 11.4%
SCI Service Corp International 1.53% $1.12 31.4%
WTW Willis Towers Watson Plc 1.23% $3.36 33.6%

Frequently asked questions

Does Hillenbrand pay a dividend?

Yes, Hillenbrand has been paying dividends for the last 16 years.

When is Hillenbrand's next dividend?

HI's next dividend is scheduled on Mar 14, 2024 (ex-date).

When was HI's last dividend?

Hillenbrand's last dividend ex-date was on Dec 14, 2023. The dividend amount was $0.223 per share.

How much dividend does Hillenbrand pay (per share)?

HI's annualized dividend per share is $0.88.

What is Hillenbrand's dividend yield?

Currently Hillenbrand's dividend yield is 1.86%.

How often does Hillenbrand pay dividends?

Hillenbrand pays four dividends per year.

What is Hillenbrand's dividend payout ratio?

Hillenbrand's dividend payout ratio is 11.4%.

Does Hillenbrand pay a good dividend?

Hillenbrand's dividend yield is above the Industrials sector average.