Terex Announces Quarterly Dividend
Rhea-AI Summary
Terex (NYSE: TEX) has announced that its Board of Directors has declared a quarterly dividend of $0.17 per share. The dividend will be paid on March 19, 2025 to stockholders of record at the close of business on March 7, 2025.
Positive
- Maintaining regular quarterly dividend payments, demonstrating financial stability
- $0.17 per share dividend provides steady income stream to shareholders
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TEX declined 3.80%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
About Terex
Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. We provide best-in-class lifecycle support to our customers through our global parts and services organization, and offer complementary digital solutions, designed to help our customers maximize their return on their investment. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in
Contact Information
Derek Everitt
Vice President, Head of Investor Relations
Email: Derek.Everitt@Terex.com
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SOURCE Terex Corporation