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 on Aug. 30, 2024, to shareholders of record as of Aug. 9. Dana, based in Maumee, Ohio, is a global leader in propulsion and energy-management solutions for mobility markets. The company reported sales of $10.6 billion in 2023 and employs 42,000 people across 31 countries. Dana has been recognized for its ethical practices and corporate responsibility, earning accolades from Ethisphere and Newsweek. The company's focus on innovation, sustainability, and high performance has contributed to its global recognition as a top employer.

Positive

• Declared quarterly dividend of $0.10 per share
• Reported sales of $10.6 billion in 2023
• Global presence with 42,000 employees in 31 countries
• Named among 'World's Most Ethical Companies' for 2023 and 2024
• Recognized as one of 'America's Most Responsible Companies 2023'

Negative

• None.

MAUMEE, Ohio, July 24, 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 Aug. 30, 2024, to holders of Dana common stock as of Aug. 9.

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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dana-to-pay-dividend-on-common-stock-302205853.html

SOURCE Dana Incorporated

FAQ

When will Dana Incorporated (DAN) pay its next dividend?

Dana Incorporated (DAN) will pay its next quarterly dividend of $0.10 per share on August 30, 2024.

What is the record date for Dana's (DAN) upcoming dividend?

The record date for Dana's (DAN) upcoming dividend is August 9, 2024. Shareholders must own the stock by this date to receive the dividend.

How much is Dana Incorporated's (DAN) quarterly dividend?

Dana Incorporated's (DAN) quarterly dividend is $0.10 per share of common stock.

What were Dana Incorporated's (DAN) sales in 2023?

Dana Incorporated (DAN) reported sales of $10.6 billion in 2023.

How many countries does Dana Incorporated (DAN) operate in?

Dana Incorporated (DAN) operates in 31 countries across six continents.