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Donaldson Co. increases dividend 4.5 percent
By The Associated Press | 21 Nov 2008 | 06:23 PM ET
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MINNEAPOLIS - Donaldson Co. said Friday its board increased its quarterly dividend by 4.5 percent.

With the increase, the board declared a regular quarterly cash dividend of 11.5 cents per share, up from the former rate of 11 cents.

The filtration systems provider said the dividend is payable Dec. 19 to shareholders of record on Dec. 5.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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