By Denny Jacob

Danaher lowered its quarterly cash dividend to 24 cents a share from 27 cents.

The new payout, equal to 96 cents a year, represents an annual yield of 0.4% based on Tuesday's closing price of $219.44.

The health-care and laboratory-supply company said the dividend is payable on Jan. 26, 2024, to shareholders of record on Dec. 29.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

December 05, 2023 16:59 ET (21:59 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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