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 December 2, 2022, to shareholders as of November 11, 2022. This decision comes as the company continues to demonstrate its commitment to shareholder returns while actively contributing to sustainable energy solutions.

With reported sales of $8.9 billion in 2021 and a workforce of 40,000 across 31 countries, Dana is recognized for its innovative contributions to the mobility market and was named one of "America's Most Responsible Companies 2022" by Newsweek.

Positive

• Declared a quarterly dividend of $0.10 per share, reflecting commitment to shareholder returns.
• Sales of $8.9 billion reported in 2021, indicating strong revenue performance.
• Recognized as one of 'America's Most Responsible Companies 2022' by Newsweek.

Negative

• None.

MAUMEE, Ohio, Oct. 26, 2022 /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 Dec. 2, 2022, to holders of Dana common stock as of Nov. 11.

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 sales of $8.9 billion in 2021 with 40,000 people in 31 countries across six continents. Founded in 1904, Dana was named one of "America's Most Responsible Companies 2022" by Newsweek for its emphasis on sustainability and social responsibility. The company is driven by a high-performance culture that focuses on valuing others, inspiring innovation, growing responsibly, and winning together, earning it global recognition as a top employer. Learn more at dana.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dana-to-pay-dividend-on-common-stock-301660108.html

SOURCE Dana Incorporated

FAQ

What is the dividend amount declared by Dana Incorporated?

Dana Incorporated has declared a quarterly dividend of $0.10 per share.

When is the dividend payable for Dana Incorporated?

The dividend is payable on December 2, 2022.

What date is set for the record of shareholders for the dividend?

The record date for shareholders to receive the dividend is November 11, 2022.

How has Dana Incorporated performed financially?

Dana Incorporated reported sales of $8.9 billion in 2021.

What recognition has Dana Incorporated received?

Dana was named one of 'America's Most Responsible Companies 2022' by Newsweek.