Business Context and Reporting Period
This Form 8-K Current Report was filed by Donaldson Company, Inc. on May 19, 2009. The filing discloses a corporate action regarding the declaration of a regular cash dividend by the Board of Directors.
Key Financial Metrics
- Dividend Declaration: 11.5 cents per share.
- Payment Date: June 12, 2009.
- Record Date: May 29, 2009.
- Shares Outstanding: Approximately 77,200,000 (as of April 30, 2009).
- Dividend History: This marks the 215th consecutive quarterly cash dividend paid over a 53-year span.
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
The filing does not report material changes to financial performance or operations compared to prior periods. The primary event is the continuation of the company's long-standing dividend policy.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of specific risks and contingencies beyond the standard disclosure of the dividend event. No unusual items are reported.
Investor Verification Checklist
- Verify the ex-dividend date to determine eligibility for the 11.5 cent payment.
- Confirm the total dividend payout obligation based on the 77.2 million shares outstanding.
- Review the referenced Press Release (Exhibit 99.1) for any additional context on the company's financial position during the 2009 economic downturn.