Dana to Pay Increased Dividend on Common Stock; Increases, Extends Share Repurchase Program

Dana (NYSE: DAN) declared a quarterly common dividend of $0.12 per share, payable March 20, 2026, to holders of record February 27, 2026 — a 20% increase versus the prior quarterly dividend.

Rhea-AI Summary

Dana (NYSE: DAN) declared a quarterly common dividend of $0.12 per share, payable March 20, 2026, to holders of record February 27, 2026 — a 20% increase versus the prior quarterly dividend. The board also increased and extended the share repurchase program from $1.0B by 2027 to $2.0B by 2030, which includes $750M already returned under the program.

The actions reflect the board's stated confidence in Dana's strategy and financial strength; the company reported preliminary 2025 sales of $7.5B.

Positive

• Dividend raised 20% to $0.12 per share, payable March 20, 2026
• Repurchase program increased to $2.0B and extended to 2030
• $750M of share repurchases already completed under the program
• Preliminary 2025 sales reported at $7.5B

Negative

• Repurchase timeline extended to 2030, delaying full deployment of the increased $2.0B repurchase authority

Argus Feb 11 session

+4.15% close to close Open Argus

Details

News Market Reaction – DAN

In the Feb 11 session, DAN gained 4.15%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds to Dana’s capital return story by combining a 20% dividend increase with an e...

Analysis

This announcement adds to Dana’s capital return story by combining a 20% dividend increase with an expansion of the share repurchase program to $2 billion by 2030, including $750 million already returned. It follows earlier disclosures of preliminary 2025 sales of $7.5 billion and strategic portfolio moves such as the Off-Highway sale. Investors may track upcoming earnings, cash generation, and execution on buybacks and dividends to gauge how well these commitments align with longer-term financial performance.

Key Figures

Quarterly dividend: $0.12 per share Dividend increase: 20 percent Share repurchase program: $2 billion by 2030 +5 more

Quarterly dividend

$0.12 per share

Declared, payable March 20, 2026 to holders of record Feb. 27

Dividend increase

20 percent

Increase versus prior quarterly dividend

Share repurchase program

$2 billion by 2030

Total authorized, including amounts already returned

Prior buyback target

$1 billion by 2027

Original share repurchase program size and timeframe

Capital returned

$750 million

Already returned under the share repurchase program

2025 preliminary sales

$7.5 billion

Company-reported preliminary 2025 sales

Employees

28,000 people

Global workforce in 24 countries across six continents

Countries of operation

24 countries

Geographic footprint across six continents

Historical Context

5 past events · Latest: Feb 05

5 events

1. Feb 05

   Earnings date notice

   24h Move

   +0.3%

   Announcement of timing for Q4 and full-year 2025 results and call.

2. Jan 21

   Prelim earnings/outlook

   24h Move

   +10.9%

   Preliminary 2025 results and 2026 targets with higher margins and cash flow.

3. Jan 07

   Strategy conference call

   24h Move

   +3.4%

   Webcast to discuss backlog growth, outlook, and capital return strategy.

4. Jan 02

   Business sale close

   24h Move

   +5.0%

   Completion of Off-Highway sale and plans for debt reduction and returns.

5. Nov 25

   Conference participation

   24h Move

   +2.5%

   UBS conference participation with business overview and 2024 sales context.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share repurchase program

1 terms

share repurchase program financial

"the board of directors increased and extended the share repurchase program from $1 billion"

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

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

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MAUMEE, Ohio, Feb. 11, 2026 /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 $0.12 per share, payable March 20, 2026, to holders of Dana common stock as of February 27. This is an increase of 20 percent over the prior quarterly dividend.

Also today, the board of directors increased and extended the share repurchase program from $1 billion by 2027 to a total of $2 billion by 2030, including the $750 million already returned under the program.

"The dividend increase and expanded share repurchase program underscore the board's confidence in Dana's strategy, long‑term financial strength, and our commitment to delivering enhanced returns to shareholders," said Timothy Kraus, Senior Vice President and Chief Financial Officer.

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 preliminary sales of $7.5 billion in 2025 with 28,000 people in 24 countries across six continents. Learn more at dana.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dana-to-pay-increased-dividend-on-common-stock-increases-extends-share-repurchase-program-302684668.html

SOURCE Dana Incorporated

FAQ

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

What dividend did Dana (DAN) declare on February 11, 2026?

Dana declared a quarterly dividend of $0.12 per share, a 20% increase. According to the company, the dividend is payable March 20, 2026 to shareholders of record February 27, 2026.

How much did Dana (DAN) increase its share repurchase program on February 11, 2026?

Dana increased its repurchase program from $1.0B to $2.0B total. According to the company, the expanded program runs through 2030 and includes $750M already returned.

When will Dana (DAN) pay the newly declared dividend and who is eligible?

The dividend of $0.12 per share will be paid March 20, 2026 to holders of record on February 27, 2026. According to the company, shareholders on that record date are eligible for the payment.

How much has Dana (DAN) already returned to shareholders under its repurchase program?

Dana has already returned $750 million under the repurchase program. According to the company, that amount is included in the newly expanded $2.0B authorization through 2030.

What financial context did Dana (DAN) provide alongside the dividend and buyback changes?

Dana reported preliminary 2025 sales of $7.5 billion, cited alongside the dividend increase and repurchase expansion. According to the company, these actions reflect confidence in its strategy and financial strength.