Douglas Dynamics Declares Quarterly Cash Dividend
Douglas Dynamics, a leader in work truck attachments, announced a quarterly cash dividend of $0.285 per share for Q4 2021.
Sentiment and the balance of points
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Rhea-AI Summary
Douglas Dynamics, a leader in work truck attachments, announced a quarterly cash dividend of $0.285 per share for Q4 2021. This dividend will be payable on December 31, 2021 to shareholders on record by December 21, 2021. The company, known for brands like FISHER®, SNOWEX®, and WESTERN®, focuses on enhancing work efficiency and profitability through innovative products. The announcement reflects its commitment to driving shareholder value while maintaining a strong position in the work truck equipment market.
Positive
- Quarterly cash dividend of $0.285 per share announced.
- Dividends payable on December 31, 2021 enhance shareholder returns.
Negative
- None.
Details
News Market Reaction – PLOW
The recorded move for PLOW in the trading session of this news was -1.50%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MILWAUKEE, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that its Board of Directors approved and declared a quarterly cash dividend of
The declared dividend will be paid on December 31, 2021 to stockholders of record as of the close of business on December 21, 2021.
About Douglas Dynamics
Home to the most trusted brands in the industry, Douglas Dynamics is North America’s premier manufacturer and up-fitter of work truck attachments and equipment. For more than 70 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively, but also enable businesses to increase profitability. Through its proprietary Douglas Dynamics Management System (DDMS), the Company is committed to continuous improvement aimed at consistently producing the highest quality products, at industry-leading levels of service and delivery that ultimately drive shareholder value. The Douglas Dynamics portfolio of products and services is separated into two segments: First, the Work Truck Attachments segment, which manufactures complex work truck attachments consisting of snow and ice control equipment sold under the FISHER®, SNOWEX® and WESTERN® brands. Second, the Work Truck Solutions segment, which primarily up-fits Class 4-8 work vehicles with market leading attachments and storage solutions under the HENDERSON®, DEJANA® and related sub-brands, and also manufactures snow and ice control attachments under the HENDERSON® brand.
CONTACT
Douglas Dynamics, Inc.
Nathan Elwell
847-530-0249
investorrelations@douglasdynamics.com
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