Dana to Pay Dividend on Common Stock
Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, payable on September 2, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, payable on September 2, 2022. Stockholders as of August 12 will be eligible for this dividend. Dana, a leader in propulsion and energy-management solutions, reported sales of $8.9 billion in 2021. With a strong focus on sustainability and social responsibility, Dana was recognized as one of "America's Most Responsible Companies 2022" by Newsweek. The company employs 40,000 people across 31 countries, underscoring its global presence and strategic growth.
Positive
- Quarterly dividend of $0.10 per share announced.
- Company reported $8.9 billion in sales for 2021.
- Named one of "America's Most Responsible Companies 2022" by Newsweek.
Negative
- None.
Details
News Market Reaction – DAN
The recorded move for DAN in the trading session of this news was +3.32%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MAUMEE, Ohio, July 27, 2022 /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
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
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SOURCE Dana Incorporated
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