Douglas Dynamics Declares Quarterly Cash Dividend
Douglas Dynamics, Inc. (NYSE: PLOW) has declared a quarterly cash dividend of $0.28 per share for Q3 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Douglas Dynamics, Inc. (NYSE: PLOW) has declared a quarterly cash dividend of $0.28 per share for Q3 2020. This dividend will be paid on September 30, 2020, to shareholders on record as of September 18, 2020. The company emphasizes its commitment to shareholder value through continuous product innovation and quality service across its segments: Work Truck Attachments and Work Truck Solutions, which include popular brands like FISHER®, SNOWEX®, and WESTERN®.
Positive
- Quarterly cash dividend of $0.28 per share reflects company confidence and commitment to shareholders.
- Strong product portfolio with trusted brands enhancing revenue potential.
Negative
- None.
Details
News Market Reaction – PLOW
The recorded move for PLOW in the trading session of this news was +1.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MILWAUKEE, Sept. 03, 2020 (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 September 30, 2020 to stockholders of record as of the close of business on September 18, 2020
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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