Danaher (DHR) will raise its quarterly dividend by 12.0 percent to $0.14 per share in 2017. The increased dividend will be payable on April 28, 2017 to holders of record on March 31, 2017.

Last year Danaher lowered its dividend to $0.125 quarterly following the Fortive Corp (FTV) spin-off.

Danaher Corporation designs, manufactures and markets professional, medical, industrial and commercial products and services. Danaher’s business consists of four segments: Life Sciences; Diagnostics; Dental; and Environmental & Applied Solutions. Danaher Corporation, originally DMG, Inc., was organized in 1969 as a Massachusetts real estate investment trust. In 1978 it was reorganized as a Florida corporation under the name Diversified Mortgage Investors, Inc. which in a second reorganization in 1980 became a subsidiary of a newly created holding company named DMG, Inc. DMG, Inc. adopted the name Danaher in 1984 and was reincorporated as a Delaware corporation in 1986.