Hillenbrand (NYSE:HI) had declared a cash dividend of $0.2025 on Sep 16, 2016. The shares will quote ex-dividend on Sep 14, 2016 and the record date has been fixed for Sep 16, 2016. On Sep 16, 2016 share price, the yield comes out to be 2.6750%. The dividend payable date has been fixed on Sep 30, 2016.
Hillenbrand (HI) made into the market gainers list on Thursdays trading session with the shares advancing 2.42% or 0.75 points. Due to strong positive momentum, the stock ended at $31.71, which is also near the day’s high of $31.76. The stock began the session at $31.13 and the volume stood at 1,61,266 shares. The 52-week high of the shares is $33.17 and the 52 week low is $24.12. The company has a current market capitalization of $2,001 M and it has 6,31,10,562 shares in outstanding.
Hillenbrand(HI) last announced its earnings results on Aug 3, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $371.00M. Analysts had an estimated revenue of $406.70M. Earnings per share were $0.53. Analysts had estimated an EPS of $0.52.
Several Insider Transactions has been reported to the SEC. On Jul 13, 2016, Diane R Bohman (Sr VP, Chief Adm Officer) sold 9,576 shares at $32.00 per share price.Also, On Jul 13, 2016, Christopher H Trainor (Senior Vice President) sold 6,504 shares at $32.00 per share price.On May 31, 2016, Joe Anthony Raver (President and CEO) sold 31,610 shares at $31.02 per share price, according to the Form-4 filing with the securities and exchange commission.
Hillenbrand Inc. is a global diversified industrial company that makes and sells business-to-business products and services for a variety of industries. The Company has two segments: the Process Equipment Group and Batesville. The Process Equipment Group has multiple brands of process and material handling equipment and systems serving a variety of industries worldwide. The Process Equipment Group product portfolio includes products and services for compounding extrusion and material handling; crushing and sizing and screening and separating. Batesville is engaged in the North American death care industry where it has been designing manufacturing distributing and selling funeral service products and solutions.