Terex Announces Quarterly Dividend

Rhea-AI Summary

Terex (NYSE: TEX) has announced a quarterly dividend of $0.17 per share. The dividend will be paid on September 19, 2024 to stockholders of record as of the close of business on August 9, 2024. This announcement demonstrates Terex's commitment to providing regular returns to its shareholders, maintaining its dividend policy. The consistent dividend payout may be seen as a sign of the company's financial stability and confidence in its future performance.

Positive

• Consistent dividend payout indicates financial stability
• Shareholders receive regular income from dividend

Negative

• None.

NORWALK, Conn., July 30, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share. The dividend is to be paid on September 19, 2024 to all stockholders of record as of the close of business on August 9, 2024.

About Terex
Terex is a global manufacturer of materials processing machinery and aerial work platforms. We design, build and support products used in maintenance, manufacturing, energy, recycling, minerals and materials management, and construction applications. 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 North America, Europe, Australia and Asia and sold worldwide. We engage with customers through all stages of the product life cycle, from initial specification to parts and service support. We report our business in the following segments: (i) Materials Processing and (ii) Aerial Work Platforms.

Contact Information
Julie A. Beck
Senior Vice President, Chief Financial Officer
Email: InvestorRelations@Terex.com

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SOURCE Terex Corporation

FAQ

What is the amount of Terex's (TEX) quarterly dividend for 2024?

Terex (TEX) has declared a quarterly dividend of $0.17 per share for 2024.

When will Terex (TEX) pay its latest quarterly dividend?

Terex (TEX) will pay its latest quarterly dividend on September 19, 2024.

What is the record date for Terex's (TEX) upcoming dividend payment?

The record date for Terex's (TEX) upcoming dividend payment is August 9, 2024, at the close of business.

How often does Terex (TEX) pay dividends?

Based on the announcement of a quarterly dividend, Terex (TEX) appears to pay dividends on a quarterly basis.