Welcome to our dedicated page for Dana news (Ticker: DAN), a resource for investors and traders seeking the latest updates and insights on Dana stock.
Dana Incorporated (NYSE: DAN) is a manufacturing company that designs and manufactures propulsion and energy-management solutions for vehicles and machines in mobility markets worldwide. News about Dana often highlights its role as a Tier 1 supplier to vehicle manufacturers, its focus on both conventional and clean‑energy technologies, and developments in its light-vehicle and commercial-vehicle businesses.
Visitors to this page can review news releases covering Dana’s financial results, strategic transactions, capital structure actions, and investor communications. Recent announcements include quarterly earnings updates, details on cost‑savings initiatives, and information about the company’s transformation strategy, such as the completed sale of its Off-Highway business to Allison Transmission Holdings, Inc. News items also describe how proceeds from that transaction are being used in tender offers and redemptions of senior notes as part of a broader debt reduction plan.
Dana’s news flow also features participation in investor conferences, scheduled webcasts and conference calls, and updates on dividends declared by its board of directors. Corporate governance developments, such as the appointment of new board members and changes to executive employment agreements, are disclosed through press releases and related SEC filings.
For investors and observers of the automotive and mobility supply chain, Dana’s news provides insight into its operating performance, strategic priorities, and balance sheet management. This page aggregates those announcements so readers can follow disclosures related to propulsion and energy‑management technologies, transformation initiatives, and other material events affecting Dana Incorporated and the DAN stock.
Dana Incorporated (NYSE: DAN) declared a quarterly dividend of $0.10 per share, set for payment on May 27, 2022. Shareholders as of May 6, 2022 will be eligible. In 2021, Dana reported sales of $8.9 billion and employs around 40,000 people globally. The company, recognized as one of "America's Most Responsible Companies 2022" by Newsweek, focuses on sustainability and innovation in propulsion and energy-management solutions. Founded in 1904, Dana continues to impact the mobility market significantly.
Dana Incorporated (NYSE: DAN) is set to release its first-quarter financial results for 2022 on April 27, 2022. A press release will be available at 7 a.m. EDT, followed by a conference call at 9 a.m. EDT. Senior management will discuss the financial outcomes and take questions from participants. The financial results are anticipated to reflect Dana's ongoing performance, which reported $8.9 billion in sales in 2021. For those unable to attend, a webcast replay and audio recording will be accessible later on Dana's investor website.
Dana Incorporated (NYSE: DAN) has achieved Leadership in Energy and Environmental Design (LEED) certification for its Sustainable Mobility Center in Maumee, Ohio. This center functions as an engineering hub for e-Propulsion technologies, focusing on electric motors and electric vehicle systems. Doug Liedberg, the Chief Sustainability Officer, emphasized Dana's commitment to reducing greenhouse gas emissions by over 50% by 2030. The LEED certification confirms the use of sustainable practices in design and operations, contributing to Dana's strategic shift towards clean energy technologies.
Dana Incorporated (NYSE: DAN) reported a strong financial performance for 2021, with sales reaching $8.9 billion, up $1.8 billion from 2020. The net income attributable to Dana improved to $197 million, translating to diluted EPS of $1.35. Adjusted EBITDA was $795 million, marking an 8.9 percent margin. For Q4 2021, sales totaled $2.27 billion, but net income decreased to $25 million due to rising input costs. Looking ahead, Dana anticipates a sales range of $9.6 to $10.1 billion for 2022, with expected adjusted EBITDA of $900 million to $1 billion.
Dana Incorporated (NYSE: DAN), based in Maumee, Ohio, has announced that its advanced driveline technologies will be featured on the 2022 Ford Maverick and Ford Bronco, recognized as the North American Truck and SUV of the Year. The Spicer AdvanTEK Ultra axle with SmartConnect technology enhances the Maverick's all-wheel-drive system, while the Bronco features Dana 35 and 44 AdvanTEK axles for robust off-road capability. Dana's contributions continue a legacy of innovation, with the company reporting $7.1 billion in sales for 2020 and a commitment to sustainable solutions.
Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, payable on March 25, 2022, to shareholders as of March 4, 2022. The company reported $7.1 billion in sales for 2020 and is recognized for its sustainability efforts, named one of "America's Most Responsible Companies 2022" by Newsweek. Dana specializes in energy management and propulsion solutions across various mobility markets and employs around 38,000 people in 33 countries globally.
Dana Incorporated (NYSE: DAN) will participate in the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference on Feb. 24, 2022. The event starts at 8:50 a.m. EST, featuring a fireside chat with Timothy Kraus, Senior VP and CFO, lasting approximately 35 minutes. Webcast access details will be available on Dana's investor website prior to the conference. Dana, a leading manufacturer in propulsion and energy-management solutions, reported sales of $7.1 billion in 2020, emphasizing sustainability and social responsibility.
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