Terex Announces Quarterly Dividend

Terex Corporation (NYSE: TEX) has declared a quarterly dividend of $0.13 per share, which will be paid on June 21, 2022.

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Rhea-AI Summary

Terex Corporation (NYSE: TEX) has declared a quarterly dividend of $0.13 per share, which will be paid on June 21, 2022. Shareholders of record as of the close of business on June 6, 2022 will receive this dividend. Terex is a global manufacturer involved in various sectors including construction and recycling, emphasizing products that reduce environmental impact.

Positive

Quarterly dividend of $0.13 per share boosts shareholder income.
Demonstrates company confidence in financial stability.

Negative

None.

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News Market Reaction – TEX

The recorded move for TEX in the trading session of this news was -2.16%.

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05/19/2022 - 04:15 PM

NORWALK, Conn., May 19, 2022 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on June 21, 2022 to all stockholders of record as of the close of business on June 6, 2022.

About Terex

Terex Corporation is a global manufacturer of materials processing machinery and aerial work platforms. We design, build and support products used in construction, maintenance, manufacturing, energy, recycling, minerals and materials management applications. Certain Terex products and solutions enable customers to reduce their environmental impact 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 North America, Europe, Australia and Asia and sold worldwide. We engage with customers through all stages of the product life cycle, from initial specification and financing to parts and service support.

Contact Information
Terex Corporation
Randy Wilson
Director, Investor Relations & Corporate Treasury
Phone: 203-221-5415   Email: randy.wilson@terex.com

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SOURCE Terex Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Terex Corporation?

Terex Corporation declared a quarterly dividend of $0.13 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 21, 2022.

What is the record date for Terex's dividend?

The record date for the dividend is June 6, 2022.

How often does Terex Corporation declare dividends?

Terex typically declares dividends quarterly.

Is Terex Corporation focused on sustainability?

Yes, Terex offers products that help reduce environmental impact.

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Terex Announces Quarterly Dividend