Douglas Dynamics Declares Quarterly Cash Dividend

Rhea-AI Summary

Douglas Dynamics (NYSE: PLOW), North America's leading manufacturer of work truck attachments and equipment, has declared a quarterly cash dividend of $0.295 per share for Q3 2024. The dividend will be paid on September 30, 2024 to stockholders of record as of September 16, 2024. Douglas Dynamics, with over 75 years of experience, is known for its innovative products that enhance job efficiency and business profitability. The company operates through two segments: Work Truck Attachments (including FISHER®, SNOWEX®, and WESTERN® brands) and Work Truck Solutions (including HENDERSON® and DEJANA® brands).

Positive

• Consistent quarterly dividend payment of $0.295 per share
• Demonstrates financial stability and commitment to shareholder returns
• Diverse portfolio of trusted brands across two segments

Negative

• None.

News Market Reaction – PLOW

-0.73%

1 alert

-0.73% News Effect

On the day this news was published, PLOW declined 0.73%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MILWAUKEE, Sept. 05, 2024 (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 $0.295 per share for the third quarter of 2024.

The declared dividend will be paid on September 30, 2024 to stockholders of record on September 16, 2024.

About Douglas Dynamics

Home to the most trusted brands in the industry, Douglas Dynamics is North America’s premier manufacturer and up-fitter of commercial work truck attachments and equipment. For more than 75 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 includes commercial snow and ice control equipment sold under the FISHER®, SNOWEX® and WESTERN® brands. Second, the Work Truck Solutions segment, which includes the up-fit of market leading attachments and storage solutions under the HENDERSON® brand, and the DEJANA® brand and its related sub-brands.

CONTACT
Douglas Dynamics, Inc.
Nathan Elwell
Vice President of Investor Relations
847-530-0249
investorrelations@douglasdynamics.com

FAQ

What is Douglas Dynamics' (PLOW) dividend amount for Q3 2024?

Douglas Dynamics (PLOW) has declared a quarterly cash dividend of $0.295 per share for the third quarter of 2024.

When will Douglas Dynamics (PLOW) pay its Q3 2024 dividend?

Douglas Dynamics (PLOW) will pay its Q3 2024 dividend on September 30, 2024 to stockholders of record as of September 16, 2024.

What are the main business segments of Douglas Dynamics (PLOW)?

Douglas Dynamics (PLOW) operates through two main segments: Work Truck Attachments (including FISHER®, SNOWEX®, and WESTERN® brands) and Work Truck Solutions (including HENDERSON® and DEJANA® brands).

How long has Douglas Dynamics (PLOW) been in business?

Douglas Dynamics (PLOW) has been innovating products for the work truck industry for more than 75 years.