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Dana to Pay Dividend on Common Stock

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.

(Neutral)

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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.

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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.
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News Market Reaction – DAN

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MAUMEE, Ohio, Feb. 12, 2025 /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 March 21, 2025, to holders of Dana common stock as of February 28. 

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 by Ethisphere and as one of "America's Most Responsible Companies 2024" 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. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dana-to-pay-dividend-on-common-stock-302374955.html

SOURCE Dana Incorporated

FAQ

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

What is Dana's (DAN) quarterly dividend amount for March 2025?

Dana (DAN) declared a quarterly dividend of $0.10 per share, payable on March 21, 2025.

When is the ex-dividend date for Dana's (DAN) March 2025 dividend?

Shareholders must own Dana (DAN) stock by February 28, 2025, to receive the quarterly dividend.

What were Dana's (DAN) total sales for 2023?

Dana (DAN) reported total sales of $10.6 billion for the year 2023.

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

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

What recent corporate recognitions has Dana (DAN) received?

Dana was named among the 'World's Most Ethical Companies' for 2023 by Ethisphere and as one of 'America's Most Responsible Companies 2024' by Newsweek.

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