Dana to Pay Dividend on Common Stock
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, payable on June 2, 2023, to shareholders as of May 12, 2023. The company, headquartered in location value="LU/us.oh.maumee"Maumee, Ohio, reported sales of $10.2 billion in 2022 and employs 42,000 people globally. Dana is recognized for its commitment to sustainability and ethical practices, being named one of the "World's Most Ethical Companies" for 2023 and one of "America's Most Responsible Companies" by Newsweek. The firm specializes in efficient propulsion and energy-management solutions, serving the global mobility market.
AI-generated analysis. Not financial advice.
Positive
- Declared quarterly dividend of $0.10 per share, supporting income for shareholders.
- Recognized as one of the 'World's Most Ethical Companies' for 2023.
- Sales of $10.2 billion in 2022 demonstrate strong financial performance.
Negative
- None.
News Market Reaction – DAN
On the day this news was published, DAN gained 1.50%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The board declared a quarterly dividend of
About
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
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