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Business

Donaldson posts quarterly dividend

Donaldson Co. Inc. Board of Directors recently announced a regular cash dividend of 16.5 cents per share, payable Sept. 5 to shareholders of record as of Aug. 15. As of April 30, there were approximately 143 million shares outstanding. 

The current declaration is the 236th consecutive quarterly cash dividend paid by Donaldson over a time span of 59 years. 

The company also named Guillermo Briseño, as vice president of its Latin America operation, effective Aug. 1. He has been the managing director for the operation.

Donaldson has a plant in Dixon.

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