Donaldson Company, Inc. (DCI) Boosts its Quarterly Cash Dividend by 11.1%

On May 30, Donaldson Company, Inc. (NYSE:DCI) declared an 11.1% hike in its quarterly dividend to $0.30 per share.

Donaldson Company, Inc. (DCI) Boosts its Quarterly Cash Dividend by 11.1%

A close-up of a factory worker carefully installing a part on an air filtration system.

Donaldson Company, Inc. (NYSE:DCI) is a worldwide provider of filtration technologies and solutions, recognized for its innovation across various industries and advanced markets. With a team of talented professionals spread across more than 140 sites on six continents, the company collaborates with a wide spectrum of clients, ranging from small enterprises and research institutions to major global OEMs.

The recent dividend raise represents the company’s 29th straight year of increasing its dividend payments. This consistent growth is supported by the company’s solid cash flow. In the latest quarter, it generated more than $163 million in operating cash flow. So far this year, the company has distributed $64.6 million to shareholders in the form of dividends.

In addition to its dividend growth, Donaldson Company, Inc. (NYSE:DCI) has kept its dividends steady for 69 consecutive years. The stock will trade ex-dividend on June 16 and has a dividend yield of 1.55%, as of May 30.

DCI has surged by over 3% since the start of 2025.

While we acknowledge the potential of DCI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DCI and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure. None.