Donaldson's (DCI) measures to consistently reward shareholders through dividends and share buybacks hold promise.
Donaldson's (DCI) third-quarter fiscal 2024 results are likely to benefit from solid momentum in the Industrial Solutions segment, partly offset by cost inflation.
MINNEAPOLIS, May 31, 2024--Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 27.0 cents per share, an increase of 8.0% from the prior quarterly dividend of 25.0 cents per share. The dividend is payable June 28, 2024, to shareholders of record on June 17, 2024. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2023 marked the 28th consecutive year of annual dividend increases. The Company has