Hillenbrand's most recent quarterly dividend of $0.22 per share was on Mar 16, 2023 (ex-date). The annualized payout of $0.88 per share represents a current dividend yield of 1.78%.
Hillenbrand's dividend yield of 1.78% is above the Industrials sector and the industry average but below its peers average. Compared to its Industrials sector average of 1.55%, Hillenbrand's dividend yield is 15% 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 1.2% for the last twelve months. But since the stock price has gone up by 17% from a year ago, the dividend yield has decreased by 13%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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's payout ratio of 10% is below the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 27.9%, Hillenbrand's payout ratio is 64% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KMB Kimberly Clark Corp | 3.45% | $4.66 | 79.5% |
| MATW Matthews International Corp | 2.3% | $0.91 | N/A |
| DD DuPont de Nemours Inc | 1.91% | $1.38 | 12.1% |
| HI Hillenbrand Inc | 1.73% | $0.88 | 10% |
| SCI Service Corp International | 1.61% | $1.04 | 32.9% |
| WTW Willis Towers Watson Plc | 1.48% | $3.3 | 33.4% |
Yes, Hillenbrand has been paying dividends for the last 15 years.
HI's next dividend is scheduled on Jun 15, 2023 (ex-date).
Hillenbrand's last dividend ex-date was on Mar 16, 2023. The dividend amount was $0.22 per share.
HI's annualized dividend per share is $0.88.
Currently Hillenbrand's dividend yield is 1.78%.
Hillenbrand pays four dividends per year.
Hillenbrand's dividend payout ratio is 10%.
Hillenbrand's dividend yield is above the Industrials sector average.