Donaldson Company Set to Announce Dividend Increase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 18 2026
0mins
Source: seekingalpha
- Dividend Growth Expectation: Donaldson Company is likely to announce a dividend increase in May, continuing its 30-year streak of consecutive dividend growth, with analysts expecting an annual dividend of $1.21 per share, translating to a quarterly dividend of approximately $0.3025, which represents nearly a 0.8% increase from the previous payout of $0.3000.
- Historical Dividend Performance: The company last declared a dividend of $0.3000 per share in January 2026, yielding 1.46%, and raised its dividend by 11.1% from $0.2700 to $0.3000 in May 2025, showcasing its strong dividend growth capability.
- Long-term Growth Rate: Donaldson has delivered a 5-year dividend growth rate of approximately 7.39% while maintaining an annual payout ratio of 31.66%, indicating solid performance in terms of stable growth and shareholder returns.
- Safety Ratings: The company holds ratings of A- for safety, A for growth, C for yield, and A+ for dividend consistency, reflecting its strong reputation and stability among investors.
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Analyst Views on DCI
Wall Street analysts forecast DCI stock price to rise
5 Analyst Rating
2 Buy
3 Hold
0 Sell
Moderate Buy
Current: 83.350
Low
93.00
Averages
105.50
High
123.00
Current: 83.350
Low
93.00
Averages
105.50
High
123.00
About DCI
Donaldson Company, Inc. specializes in technology-led filtration products and solutions, serving a range of industries and advanced markets. Its segments include Mobile Solutions, Industrial Solutions and Life Sciences. The Mobile Solutions segment is organized based on a combination of customers and products and consists of the off-road, on-road and aftermarket business units. Its products consist of replacement filters for both air and liquid filtration applications and filtration housings for new equipment production and systems related to exhaust and emissions. The Industrial Solutions segment is organized based on product type and consists of industrial air filtration, industrial gases, industrial hydraulics, power generation and aerospace and defense products. The Life Sciences segment is organized by end market and consists of the Food and Beverage, Disk Drive, Vehicle Electrification and Medical Device, Microelectronics and Bioprocessing Equipment and Consumables markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Reaction: The stock market experienced a widespread sell-off in the afternoon session due to escalating geopolitical tensions related to the Iran conflict, which pushed oil prices higher, causing the 10-year Treasury yield to rise by nine basis points to 4.57%, its highest level in a year, intensifying concerns about persistent inflation that could lead to further interest rate hikes and pressure corporate valuations.
- Boeing's Decline: Aerospace company Boeing (NYSE:BA) saw its stock drop by 3%, as investor confidence in its future profitability was shaken amid rising oil prices and interest rates, potentially presenting a buying opportunity for long-term investors looking for quality stocks.
- EVgo's Struggles: Renewable energy company EVgo (NASDAQ:EVGO) fell by 2.6%, with market concerns about its profitability prospects increasing in the context of rising energy costs, although the company still holds potential in the renewable sector, it may face short-term pressures.
- Standex's Volatility: Standex (NYSE:SXI) shares dropped by 3.2%, having experienced over ten moves greater than 5% in the past year, indicating that while today's decline reflects market significance, it does not fundamentally alter perceptions of the business, prompting investors to consider its long-term growth potential.
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Donaldson Company Set to Announce Dividend Increase
- Dividend Growth Expectation: Donaldson Company is likely to announce a dividend increase in May, continuing its 30-year streak of consecutive dividend growth, with analysts expecting an annual dividend of $1.21 per share, translating to a quarterly dividend of approximately $0.3025, which represents nearly a 0.8% increase from the previous payout of $0.3000.
- Historical Dividend Performance: The company last declared a dividend of $0.3000 per share in January 2026, yielding 1.46%, and raised its dividend by 11.1% from $0.2700 to $0.3000 in May 2025, showcasing its strong dividend growth capability.
- Long-term Growth Rate: Donaldson has delivered a 5-year dividend growth rate of approximately 7.39% while maintaining an annual payout ratio of 31.66%, indicating solid performance in terms of stable growth and shareholder returns.
- Safety Ratings: The company holds ratings of A- for safety, A for growth, C for yield, and A+ for dividend consistency, reflecting its strong reputation and stability among investors.
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Donaldson Company Recognizes 213 Patent Award Winners
- Patent Award Recognition: In 2025, Donaldson Company recognized 213 employees for their contributions to patents granted during the year, reinforcing the company's technological leadership in the global filtration market.
- Intellectual Property Growth: Donaldson's intellectual property portfolio now boasts over 2,800 active patents, with 120 new patents awarded in the past year, enhancing the company's competitive edge and showcasing its ongoing commitment to innovation.
- Innovation Awards Established: The company has established several awards to honor employees excelling in technical leadership and innovation, including the Emerging Innovator Award and the Manufacturing Excellence Award, highlighting the importance of teamwork and technical depth.
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See More
Donaldson Company Recognizes 213 Patent Employees
- Patent Innovation Achievement: In 2025, Donaldson recognized 213 employees for patents granted, enhancing its intellectual property portfolio of over 2,800 active patents, underscoring the company's technological leadership and culture of innovation in the filtration market.
- Annual Awards Presentation: The company also honored individuals and teams for exceptional innovation, technical leadership, and long-term impact, highlighting its commitment to technological advancement and recognition of employee contributions.
- Technological Leadership: CTO Dave Mulder emphasized that the innovative spirit and technical depth of employees are crucial for the company's expanding patent portfolio and leadership in filtration technologies, indicating a strong focus on solving real-world problems.
- Diverse Award Categories: The 2025 awards included Emerging Innovator, Manufacturing Excellence, and Technology Champion, reflecting the company's comprehensive recognition of innovative contributions across various fields, further solidifying its competitive advantage in the global filtration market.
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- Weak Revenue Growth: Donaldson's constant currency revenue has averaged only 3.5% year-on-year growth over the past two years, indicating soft demand that may necessitate price reductions or investments in product improvements, thereby impacting near-term profitability.
- Limited Revenue Projections: Wall Street analysts forecast a 4.3% revenue increase for Donaldson over the next 12 months, close to its 7.9% annualized growth over the past five years, a projection that fails to excite the market and suggests new products and services are not yet accelerating top-line performance.
- Declining Return on Invested Capital: Donaldson's return on invested capital (ROIC) has averaged a decline of 1.1 percentage points annually in recent years, and while management's past actions are commendable, the declining returns may signal fewer profitable growth opportunities, diminishing investment appeal.
- Lack of Market Confidence: Although Donaldson's stock trades at a fair 14.1x forward EV/EBITDA, analysts express skepticism about its future performance, suggesting that there are more attractive investment options available in the market, prompting a recommendation to explore other potentially lucrative stocks.
See More
Oil Price Surge Triggers Market Sell-Off
- Market Reaction: The stock market experienced a widespread sell-off in the afternoon session due to escalating geopolitical tensions related to the Iran conflict, which pushed oil prices higher, causing the 10-year Treasury yield to rise by nine basis points to 4.57%, its highest level in a year, intensifying concerns about persistent inflation that could lead to further interest rate hikes and pressure corporate valuations.
- Boeing's Decline: Aerospace company Boeing (NYSE:BA) saw its stock drop by 3%, as investor confidence in its future profitability was shaken amid rising oil prices and interest rates, potentially presenting a buying opportunity for long-term investors looking for quality stocks.
- EVgo's Struggles: Renewable energy company EVgo (NASDAQ:EVGO) fell by 2.6%, with market concerns about its profitability prospects increasing in the context of rising energy costs, although the company still holds potential in the renewable sector, it may face short-term pressures.
- Standex's Volatility: Standex (NYSE:SXI) shares dropped by 3.2%, having experienced over ten moves greater than 5% in the past year, indicating that while today's decline reflects market significance, it does not fundamentally alter perceptions of the business, prompting investors to consider its long-term growth potential.
See More
Donaldson Company Set to Announce Dividend Increase
- Dividend Growth Expectation: Donaldson Company is likely to announce a dividend increase in May, continuing its 30-year streak of consecutive dividend growth, with analysts expecting an annual dividend of $1.21 per share, translating to a quarterly dividend of approximately $0.3025, which represents nearly a 0.8% increase from the previous payout of $0.3000.
- Historical Dividend Performance: The company last declared a dividend of $0.3000 per share in January 2026, yielding 1.46%, and raised its dividend by 11.1% from $0.2700 to $0.3000 in May 2025, showcasing its strong dividend growth capability.
- Long-term Growth Rate: Donaldson has delivered a 5-year dividend growth rate of approximately 7.39% while maintaining an annual payout ratio of 31.66%, indicating solid performance in terms of stable growth and shareholder returns.
- Safety Ratings: The company holds ratings of A- for safety, A for growth, C for yield, and A+ for dividend consistency, reflecting its strong reputation and stability among investors.
See More
Vnet Group Shares Surge 25.05% on Strategic Stake Purchase
- Significant Stock Surge: Vnet Group's shares rose by 25.05% to close at $11.28, primarily driven by a strategic share purchase agreement with PJ Millennium-affiliated investors linked to Contemporary Amperex Technology, indicating strong market confidence in the company's future prospects.
- Volume Spike: The trading volume reached 63.9 million shares, a staggering 754% increase compared to the three-month average of 7.5 million shares, reflecting heightened investor interest in Vnet's governance and AI data center expansion plans.
- Ownership Structure Shift: PJ Millennium will purchase approximately 650.4 million Class A shares at $1.4486 per share, resulting in a 38.1% ownership stake in Vnet post-transaction, marking a significant change in ownership that could influence future strategic decisions.
- Future Outlook: The deal is expected to close in Q4 2026 and includes investor rights and voting agreements with founder Josh Sheng Chen and related entities, with investors keenly watching the final ownership structure and its implications for Vnet's customer, power, and capacity commitments in China's AI data center expansion.
See More
Donaldson Company Recognizes 213 Patent Award Winners
- Patent Award Recognition: In 2025, Donaldson Company recognized 213 employees for their contributions to patents granted during the year, reinforcing the company's technological leadership in the global filtration market.
- Intellectual Property Growth: Donaldson's intellectual property portfolio now boasts over 2,800 active patents, with 120 new patents awarded in the past year, enhancing the company's competitive edge and showcasing its ongoing commitment to innovation.
- Innovation Awards Established: The company has established several awards to honor employees excelling in technical leadership and innovation, including the Emerging Innovator Award and the Manufacturing Excellence Award, highlighting the importance of teamwork and technical depth.
- Commitment to Technology Leadership: CTO Dave Mulder emphasized that the contributions of the recognized employees reflect Donaldson's commitment to solving real-world problems, further advancing filtration technologies and solidifying the company's leadership position in the industry.
See More
Donaldson Company Recognizes 213 Patent Employees
- Patent Innovation Achievement: In 2025, Donaldson recognized 213 employees for patents granted, enhancing its intellectual property portfolio of over 2,800 active patents, underscoring the company's technological leadership and culture of innovation in the filtration market.
- Annual Awards Presentation: The company also honored individuals and teams for exceptional innovation, technical leadership, and long-term impact, highlighting its commitment to technological advancement and recognition of employee contributions.
- Technological Leadership: CTO Dave Mulder emphasized that the innovative spirit and technical depth of employees are crucial for the company's expanding patent portfolio and leadership in filtration technologies, indicating a strong focus on solving real-world problems.
- Diverse Award Categories: The 2025 awards included Emerging Innovator, Manufacturing Excellence, and Technology Champion, reflecting the company's comprehensive recognition of innovative contributions across various fields, further solidifying its competitive advantage in the global filtration market.
See More
Donaldson Faces Weak Growth Prospects
- Weak Revenue Growth: Donaldson's constant currency revenue has averaged only 3.5% year-on-year growth over the past two years, indicating soft demand that may necessitate price reductions or investments in product improvements, thereby impacting near-term profitability.
- Limited Revenue Projections: Wall Street analysts forecast a 4.3% revenue increase for Donaldson over the next 12 months, close to its 7.9% annualized growth over the past five years, a projection that fails to excite the market and suggests new products and services are not yet accelerating top-line performance.
- Declining Return on Invested Capital: Donaldson's return on invested capital (ROIC) has averaged a decline of 1.1 percentage points annually in recent years, and while management's past actions are commendable, the declining returns may signal fewer profitable growth opportunities, diminishing investment appeal.
- Lack of Market Confidence: Although Donaldson's stock trades at a fair 14.1x forward EV/EBITDA, analysts express skepticism about its future performance, suggesting that there are more attractive investment options available in the market, prompting a recommendation to explore other potentially lucrative stocks.
See More
