CHICAGO, March 14, 2017 /PRNewswire/ -- Hill-Rom Holdings, Inc. (NYSE: HRC) announced today that its board of directors declared a 6 percent increase in the company's quarterly dividend rate, from the previous rate of $0.17 per share to $0.18 per share. The fiscal 2017 quarterly dividend is payable on March 31, 2017, to shareholders of record as of the close of business on March 24, 2017. The indicated annual dividend rate is $0.72 per share.
In addition, Hill-Rom shareholders elected Mary Garrett and Nancy M. Schlichting as new members of its board of directors, along with eight returning directors, at the company's Annual Meeting of Shareholders.
Ms. Garrett most recently led Global Marketing for IBM Corporation, until her retirement in December 2015. Ms. Schlichting is the retired president and CEO of Henry Ford Health System in Detroit, Michigan, having served in that role until December 2016.
At the company's Annual Meeting today, shareholders also approved, on an advisory basis, the compensation of Hill-Rom's named executive officers; and ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Hill-Rom for fiscal year 2017.
About Hill-Rom Holdings, Inc.
Hill-Rom is a leading global medical technology company with more than 10,000 employees worldwide. We partner with health care providers in more than 100 countries, across all care settings, by focusing on patient care solutions that improve clinical and economic outcomes in five core areas: Advancing Mobility, Wound Care and Prevention, Patient Monitoring and Diagnostics, Surgical Safety and Efficiency and Respiratory Health. Hill-Rom's people, products and programs work towards one mission: Every day, around the world, we enhance outcomes for patients and their caregivers. Visit www.hill-rom.com for more information.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hill-rom-raises-quarterly-dividend-rate-elects-mary-garrett-and-nancy-m-schlichting-to-its-board-of-directors-300423562.html
SOURCE Hill-Rom Holdings, Inc.