BATESVILLE, Ind., Dec. 5 The board of directorsfor Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cashdividend of $0.185 per share on the company's common stock, a 1.4 percentincrease over the previous quarterly rate of $0.1825 per share. The dividendis payable Dec. 31, 2008, to shareholders of record at the close of businesson Dec. 17, 2008. Hillenbrand has paid quarterly dividends since its debut asa separate public company in April 2008, beginning with its first payout inJune of this year.
"The board's decision to increase the dividend reflects its confidence inthe company's continued financial strength and in our future," said Kenneth A.Camp, Hillenbrand president and CEO. "Our annual dividend payout of more than$45 million, combined with our share repurchase program, reflects ourcommitment to return a meaningful portion of our strong cash flow toshareholders."
ABOUT HILLENBRAND, INC.
Hillenbrand, Inc. ( www.HillenbrandInc.com ) is the holding company forBatesville Casket Company, a leader in the North American death care industrythrough the sale of funeral services products, including burial caskets,cremation caskets, containers and urns, selection room display fixturing andother personalization and memorialization products. HI-INC-F
SOURCE Hillenbrand, Inc.