Dana Inc Stock Price, News & Analysis

Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, payable on June 2, 2023, to shareholders as of May 12, 2023. The company, headquartered in Maumee, Ohio, reported sales of $10.2 billion in 2022 and employs 42,000 people globally. Dana is recognized for its commitment to sustainability and ethical practices, being named one of the "World's Most Ethical Companies" for 2023 and one of "America's Most Responsible Companies" by Newsweek. The firm specializes in efficient propulsion and energy-management solutions, serving the global mobility market.

Dana Incorporated (NYSE: DAN) will release its 2023 first-quarter financial results on April 28, 2023. A press release will be issued at 7 a.m. EDT, followed by a conference call at 9 a.m. EDT. Senior management will discuss the results and answer questions. Dana, based in Maumee, Ohio, reported $10.2 billion in sales for 2022 and employs 42,000 people across 31 countries. The company is recognized for its ethical practices and responsible operations, named among the World's Most Ethical Companies and America's Most Responsible Companies for 2023. Investors can access the conference call through a toll-free dial-in number and will also have the option to listen to a replay via the Dana investor website.

Dana Incorporated (NYSE: DAN) has unveiled new metallic bipolar plates designed to enhance the performance of proton exchange membrane (PEM) electrolyzers for hydrogen fuel production. Showcased at Hannover Messe, these plates incorporate Dana's extensive design experience to improve efficiency and reduce electrical losses. Currently in prototype testing, commercial production is expected by late 2023. The company plans to install a major production line in Neu-Ulm, Germany, capable of producing up to 8 million plates annually. Dana aims to support the energy transition with innovations for both mobile and stationary fuel-cell applications.