Dana to Pay Dividend on Common Stock
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) has announced its board of directors' declaration of a quarterly dividend of $0.10 per share, payable on March 21, 2025, to shareholders of record as of February 28. The company, headquartered in Maumee, Ohio, is a global leader in propulsion and energy-management solutions across all mobility markets.
Dana reported sales of $10.6 billion in 2023 and employs 42,000 people across 31 countries. The company specializes in drive and motion systems, electrodynamic technologies, and thermal, sealing, and digital solutions. Dana was recognized among the 'World's Most Ethical Companies' for 2023 by Ethisphere and as one of 'America's Most Responsible Companies 2024' by Newsweek.
Positive
- Maintained quarterly dividend payment of $0.10 per share
- Strong annual sales of $10.6 billion in 2023
- Global presence with operations in 31 countries
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, DAN gained 1.84%, 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 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