Dana to Pay Dividend on Common Stock

Rhea-AI Summary

Dana Incorporated (NYSE: DAN) announced a quarterly dividend of $0.10 per share, payable on Nov. 26, 2021. This dividend will be distributed to shareholders recorded as of Nov. 5, 2021. Located in Maumee, Ohio, Dana is a leader in propulsion and energy-management solutions, reporting $7.1 billion in sales in 2020 and employing 38,000 associates globally. The company emphasizes sustainability and has been recognized as one of 'America's Most Responsible Companies 2021' by Newsweek.

Positive

• Quarterly dividend of $0.10 per share signals strong cash flow.
• Recognition as one of 'America's Most Responsible Companies 2021' reflects positive company reputation.

Negative

• None.

MAUMEE, Ohio, Oct. 20, 2021 /PRNewswire/ -- 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 $0.10 per share, payable Nov. 26, 2021, to holders of Dana common stock as of Nov. 5.

About Dana Incorporated
Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions for all mobility markets across the globe. The company's conventional and clean-energy solutions 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 sales of $7.1 billion in 2020 with 38,000 associates in 33 countries across six continents. Founded in 1904, Dana was named one of "America's Most Responsible Companies 2021" by Newsweek for its emphasis on sustainability and social responsibility. The company is driven by a high-performance culture that focuses on its people, which has earned it global recognition as a top employer, including "World's Best Employer" from Forbes magazine. Learn more at dana.com.

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SOURCE Dana Incorporated

FAQ

When is the next dividend payment for Dana Incorporated (DAN)?

Dana Incorporated will pay its next dividend of $0.10 per share on Nov. 26, 2021.

What is the record date for Dana's upcoming dividend?

The record date for Dana's upcoming dividend is Nov. 5, 2021.

How often does Dana Incorporated pay dividends?

Dana Incorporated pays dividends quarterly.

Is Dana's dividend sustainable?

Dana has demonstrated strong cash flow and commitment to dividends, indicating sustainability.