Donaldson hikes dividend by 11.1%

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Donaldson Company (DCI) will hike its quarterly dividend by 11.1% to 30 cents quarterly per share in 2025.

This marks the 39th consecutive year of increases by the filtration specialist. At a stock price of $70 the dividend yield is 1.7%. Last year Donaldson hiked the dividend by 8%. The next ex-dividend date is June 16, 2025.

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