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.
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