Dividend IncreaseThe dividend per share has been raised by 11% year over year, which is likely to support positive sentiment for the stock.
Earnings GrowthDonaldson reported 7% earnings growth in the third quarter, supported by cost optimization efforts.
Shareholder ReturnsThe company's accelerated stock repurchases are now anticipated to be 3.5%-4.0% of shares outstanding, up from 2%-3% previously.