Donaldson Company announces quarterly dividend and new institutional stake

Donaldson Company, Inc. has announced a quarterly dividend of $0.32 per share. Investors of record as of August 17th will receive the payment on August 31st, representing an annualized yield of 1.3%. The company has a history of increasing its dividend annually for 38 consecutive years.

In recent regulatory filings, SFE Investment Counsel disclosed the purchase of 64,958 shares of Donaldson Company, Inc. during the second quarter, a position valued at approximately $5,831,000. Other institutional investors, including Verdence Capital Advisors LLC and TIAA Trust National Association, have also recently modified their holdings in the industrial products firm.