Dana to Pay Dividend on Common Stock
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) has announced a quarterly dividend payment of $0.10 per share, payable on May 31, 2025, to shareholders of record as of May 10. The company, headquartered in Maumee, Ohio, reported sales of $10.3 billion in 2024 and employs 39,000 people across 30 countries.
Dana specializes in designing and manufacturing propulsion and energy-management solutions for global mobility markets, offering drive and motion systems, electrodynamic technologies, and thermal, sealing, and digital solutions. The company was recognized among the 'World's Most Ethical Companies' for 2025 by Ethisphere and as one of 'America's Most Responsible Companies 2025' by Newsweek.
Positive
- Consistent dividend payment maintained at $0.10 per share
- Strong sales performance with $10.3 billion in 2024
- Broad global presence with operations in 30 countries
- Recognition for ethical and responsible business practices
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, DAN gained 4.23%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
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SOURCE Dana Incorporated