Dana to Pay Dividend on Common Stock

Rhea-AI Summary

Dana Incorporated (NYSE: DAN) has announced a quarterly dividend of $0.10 per share on its common stock, payable November 29, 2024, to shareholders of record as of November 8. The company, based in Maumee, Ohio, is a global leader in propulsion and energy-management solutions for mobility markets, reporting sales of $10.6 billion in 2023 with 42,000 employees across 31 countries. Dana specializes in drive and motion systems, electrodynamic technologies, and thermal, sealing, and digital solutions.

Positive

• Consistent dividend payment demonstrates financial stability
• Strong annual revenue of $10.6 billion in 2023
• Global presence across 31 countries with 42,000 employees

Negative

• None.

MAUMEE, Ohio, Oct. 23, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock.

The board declared a quarterly dividend of $0.10 per share, payable Nov. 29, 2024, to holders of Dana common stock as of Nov. 8.

About Dana Incorporated
Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energy solutions that support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions.

Based in Maumee, Ohio, USA, the company reported sales of $10.6 billion in 2023 with 42,000 people in 31 countries across six continents. With a history dating to 1904, Dana was named among the "World's Most Ethical Companies" for 2023 and 2024 by Ethisphere and as one of "America's Most Responsible Companies 2023" by Newsweek. The company is driven by a high-performance culture that focuses on valuing others, inspiring innovation, growing responsibly, and winning together, earning it global recognition as a top employer. Learn more at dana.com.

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SOURCE Dana Incorporated

FAQ

What is Dana's (DAN) latest quarterly dividend amount for 2024?

Dana (DAN) declared a quarterly dividend of $0.10 per share for Q4 2024.

When is Dana's (DAN) next dividend payment date in 2024?

Dana's dividend will be paid on November 29, 2024, to shareholders of record as of November 8, 2024.

What was Dana's (DAN) total revenue in 2023?

Dana reported sales of $10.6 billion in 2023.

How many countries does Dana (DAN) operate in?

Dana operates in 31 countries across six continents.