BATESVILLE, Ind., May 9, 2011 /PRNewswire/ -- Hill-Rom Holdings,
Inc. (NYSE: HRC) announced today that its board of directors has
increased the company's third quarter common stock dividend 10
percent ($0.01) to $0.1125 per share.
The cash dividend is payable on June 30,
2011, to shareholders of record at the close of business on
June 16, 2011.
The board of directors also approved an expansion of the share
repurchase authorization by 3 million shares, bringing the
remaining shares available for repurchase to 4.1 million. The
authorization has no expiration date.
"The decisions to increase the dividend and expand the share
repurchase authorization reflect Hill-Rom's strong commitment to
disciplined capital allocation and value creation for our
shareholders," said Mark Guinan,
Senior Vice President and Chief Financial Officer.
ABOUT HILL-ROM HOLDINGS, INC.
Hill-Rom is a leading worldwide manufacturer and provider of
medical technologies and related services for the health care
industry, including patient support systems, safe mobility and
handling solutions, noninvasive therapeutic products for a variety
of acute and chronic medical conditions, medical equipment rentals,
and information technology solutions. Hill-Rom's
comprehensive product and service offerings are used by health care
providers across the health care continuum in hospitals, extended
care facilities and home care settings to enhance the safety and
quality of patient care.
Hill-Rom…enhancing outcomes for patients and their
caregivers.
www.hill-rom.com
SOURCE Hill-Rom Holdings, Inc.