Dana boosts dividend and doubles buyback to $2B
Dana Incorporated announced that its board of directors has declared a quarterly dividend of $0.12 per share on its common stock, payable on March 20, 2026, to shareholders of record on February 27, 2026.
Rhea-AI Filing Summary
Dana Incorporated announced that its board of directors has declared a quarterly dividend of $0.12 per share on its common stock, payable on March 20, 2026, to shareholders of record on February 27, 2026. This dividend represents a 20 percent increase over the prior quarterly payout.
The board also increased and extended Dana’s share repurchase program from $1 billion by 2027 to a total of $2 billion through 2030, including $750 million already returned under the program. Dana reported preliminary 2025 sales of $7.5 billion and operates in 24 countries with about 28,000 employees.
Positive
- 20% dividend increase: Quarterly common-stock dividend raised to $0.12 per share, indicating confidence in cash flow and providing higher recurring cash returns to shareholders.
- : Share repurchase authorization expanded from $1 billion by 2027 to a total of $2 billion through 2030, including $750 million already returned under the program.
Negative
- None.
Insights
Dana pairs a 20% dividend hike with a larger, longer $2B buyback program.
Dana is raising its quarterly dividend to $0.12 per share, a 20% increase, signaling confidence in ongoing cash generation. The dividend will be paid on March 20, 2026 to holders of record on February 27, 2026, enhancing direct cash returns to shareholders.
The board also expanded the share repurchase program from $1 billion by 2027 to a total of $2 billion through 2030, including $750 million already returned. This provides a sizable authorization for potential future share repurchases, contingent on market conditions and corporate priorities.
Dana reported preliminary $7.5 billion in sales for 2025, operating across 24 countries with about 28,000 employees. The combination of a higher dividend and enlarged buyback framework indicates an emphasis on capital return alongside ongoing investment in the business.
8-K Event Classification
FAQ
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 7.01 | Regulation FD Disclosure. |
Dana Incorporated (“Dana”) today issued a news release announcing that its Board of Directors (the “Board”) declared a quarterly dividend of $0.12 per share on its common stock, payable on March 20, 2026, to holders of Dana common stock as of February 27, 2026, and that the Board approved an increase and extension of Dana’s share repurchase program to a total of $2.0 billion through 2030. A copy of the press release is attached hereto as Exhibit 99.1.
The information in this item (including Exhibit 99.1) is being “furnished” and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits. The following item is furnished with this report.
| Exhibit No. | Description | |
| 99.1 | Dana Incorporated Press Release dated February 11, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DANA INCORPORATED | |||
| By: |
/s/ Douglas H. Liedberg |
||
| Date: February 11, 2026 | Name: | Douglas H. Liedberg | |
| Title: | Senior Vice President, Chief Legal and Human Resources Officer and Corporate Secretary | ||
EXHIBIT 99.1
Dana to Pay Increased Dividend on Common Stock;
Increases, Extends Share Repurchase Program
MAUMEE, Ohio, February 11, 2026 – Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock.
The board declared a quarterly dividend of $0.12 per share, payable March 20, 2026, to holders of Dana common stock as of February 27. This is an increase of 20 percent over the prior quarterly dividend.
Also today, the board of directors increased and extended the share repurchase program from $1 billion by 2027 to a total of $2 billion by 2030, including the $750 million already returned under the program.
“The dividend increase and expanded share repurchase program underscore the board’s confidence in Dana’s strategy, long-term financial strength, and our commitment to delivering enhanced returns to shareholders,” said Timothy Kraus, Senior Vice President and Chief Financial Officer.
About Dana Incorporated
Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energy solutions that support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions.
Based in Maumee, Ohio, USA, the company reported preliminary sales of $7.5 billion in 2025 with 28,000 people in 24 countries across six continents. Learn more at dana.com.
Contact
Craig Barber
419.887.5166