Douglas Dynamics Declares Quarterly Cash Dividend
Douglas Dynamics, a leading manufacturer of work truck attachments, has declared a quarterly cash dividend of $0.28 per share for Q2 2020.
Sentiment and the balance of points
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Rhea-AI Summary
Douglas Dynamics, a leading manufacturer of work truck attachments, has declared a quarterly cash dividend of $0.28 per share for Q2 2020. This dividend is set to be paid on June 30, 2020, to stockholders recorded by the close of business on June 19, 2020. With over 70 years in the industry, Douglas Dynamics is committed to product innovation and improving shareholder value through top-quality offerings and excellent service delivery.
Positive
- Dividend declared at $0.28 per share, indicating company confidence.
- Payment date set for June 30, 2020, benefiting shareholders.
Negative
- None.
Details
News Market Reaction – PLOW
The recorded move for PLOW in the trading session of this news was +5.15%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MILWAUKEE, June 04, 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 June 30, 2020 to stockholders of record as of the close of business on June 19, 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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