Terex Announces Quarterly Dividend
Terex Corporation (NYSE:TEX) has declared a quarterly dividend of $0.13 per share, set to be paid on December 19, 2022.
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
Terex Corporation (NYSE:TEX) has declared a quarterly dividend of $0.13 per share, set to be paid on December 19, 2022. This payment will benefit stockholders of record by the close of business on November 10, 2022. Terex is recognized as a global leader in manufacturing materials processing machinery, focusing on sustainable solutions and environmental impact reduction.
Positive
- Quarterly dividend declared at $0.13 per share.
- Payment date set for December 19, 2022, indicating stable cash flow.
Negative
- None.
Details
News Market Reaction – TEX
The recorded move for TEX in the trading session of this news was -3.60%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NORWALK, Conn., Oct. 13, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) announced that its Board of Directors declared a quarterly dividend of
About Terex
Terex 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
Julie Beck
Senior Vice President, Chief Financial Officer
(203) 200-5979
InvestorRelations@terex.com
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SOURCE Terex Corporation
FAQ
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