Dana to Pay Dividend on Common Stock

Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, scheduled for payment on Sept. 3, 2021, to shareholders on record by Aug. 13, 2021.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, scheduled for payment on Sept. 3, 2021, to shareholders on record by Aug. 13, 2021.

In 2020, the company reported impressive sales of $7.1 billion and employs 38,000 associates across 33 countries. Dana is recognized for its commitment to sustainability, having been named one of 'America's Most Responsible Companies 2021' by Newsweek.

Positive

Quarterly dividend of $0.10 per share indicates strong financial health.
Sales reported at $7.1 billion in 2020 reflects robust performance.
Recognition as 'America's Most Responsible Companies 2021' showcases commitment to sustainability.

Negative

None.

Argus Publication session

+3.07% session move Open Argus

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News Market Reaction – DAN

In the trading session that priced this news, DAN gained 3.07%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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07/28/2021 - 05:29 PM

MAUMEE, Ohio, July 28, 2021 /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 Sept. 3, 2021, to holders of Dana common stock as of Aug. 13.

About Dana Incorporated
Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions for all mobility markets across the globe. The company's conventional and clean-energy solutions 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 $7.1 billion in 2020 with 38,000 associates in 33 countries across six continents. Founded in 1904, Dana was named one of "America's Most Responsible Companies 2021" by Newsweek for its emphasis on sustainability and social responsibility. The company is driven by a high-performance culture that focuses on its people, which has earned it global recognition as a top employer, including "World's Best Employer" from Forbes magazine. Learn more at dana.com.

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