BATESVILLE, Ind., April 30 /PRNewswire-FirstCall/ -- Hillenbrand, Inc. (NYSE: HI) today announced that its Board of Directors declared the company's first dividend as a publicly traded company of $0.1825 per share on the company's common stock. The dividend is payable June 30, 2008 to shareholders of record at the close of business on June 16, 2008.
"The decision by our board to approve this inaugural dividend is based on the strength of our fundamentals, including strong and consistent cashflows, and demonstrates our long-term commitment to creating and increasing shareholder value," said Hillenbrand's President and CEO, Kenneth A. Camp.
ABOUT HILLENBRAND, INC.
Hillenbrand, Inc. is the holding company for Batesville Casket Company, a leader in the North American death care industry through the sale of funeral services products, including burial caskets, cremation caskets, containers and urns, selection room display fixturing and other personalization and memorialization products.
Batesville Casket Company ... helping families honor the lives of those they love.
Certain statements in this release contain forward looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995,
regarding the future plans, objectives, beliefs, expectations,
representations, and projections of Hillenbrand, Inc. (the "Company"). The
Company has tried, wherever possible, to identify these forward looking
statements using words such as "intend," "anticipate," "believe," "plan,"
"expect," "may," "goal," "become," "pursue," "estimate," "strategy,"
"will," "projection," "forecast," "continue," "accelerate," "p
|SOURCE Hillenbrand, Inc.|
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