Dana to Pay Dividend on Common Stock

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.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)How Sentiment works

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.

How Sentiment works How the balance works

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.

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.

Argus Session date unavailable

+1.50% session move Open Argus

Details

News Market Reaction – DAN

The recorded move for DAN in the trading session of this news was +1.50%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

04/26/2023 - 04:30 PM EDT

MAUMEE, Ohio, April 26, 2023 /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 June 2, 2023, to holders of Dana common stock as of May 12.

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 $10.2 billion in 2022 with 42,000 people in 31 countries across six continents. Dana, with a history dating to 1904, was named among the "World's Most Ethical Companies" for 2023 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dana-to-pay-dividend-on-common-stock-301806930.html

SOURCE Dana Incorporated

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Dana (DAN) for June 2023?

Dana has declared a quarterly dividend of $0.10 per share for June 2023.

When will the dividend for Dana (DAN) be paid?

The dividend will be payable on June 2, 2023.

What is the payment date of Dana's dividend?

The payment date for Dana's dividend is June 2, 2023.

Who is eligible for Dana's dividend in June 2023?

Shareholders of Dana stock as of May 12, 2023, are eligible for the dividend.

Dana to Pay Dividend on Common Stock