Corporate News

Hillenbrand, Inc. (NYSE: HI) reported results today for the second quarter of fiscal 2020, which ended March 31, 2020.

The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.2125 per share on the company's common stock.

Conference call and simultaneous webcast will take place Thursday, May 7, 2020, at 8:00 a.m. ET.

Hillenbrand has taken actions to protect the health and safety of associates globally and, as of April 6, 2020, all significant global production locations remained open and able to operate at or near normal production levels.

As we navigate the challenges of the COVID-19 pandemic, Hillenbrand is committed to protecting the health and wellbeing of our employees and other stakeholders, and the communities in which we operate, while serving our customers’ critical needs.

Consistent with its current capital allocation priorities, Hillenbrand intends to use cash proceeds from the sale primarily for de-leveraging activities.

The sale follows Hillenbrand’s previously announced strategic review of alternatives for this business, which was part of the 2019 acquisition of Milacron Holdings Corp.

UPDATE: April 29, 2020 - Unfortunately, this event has been cancelled for 2020. The organizers made the decision to cancel the event out of an abundance of caution for the health and well-being of organizers and attendees. Event would have been the 3rd Star-Spangled Indianapolis Symphony performance in the three-year partnership between Hillenbrand, City of Batesville, Batesville Area Arts Council, and the ISO