Dana to Pay Dividend on Common Stock

Rhea-AI Summary

Dana Incorporated (NYSE: DAN) declared a quarterly dividend of $0.10 per share, set for payment on May 27, 2022. Shareholders as of May 6, 2022 will be eligible. In 2021, Dana reported sales of $8.9 billion and employs around 40,000 people globally. The company, recognized as one of "America's Most Responsible Companies 2022" by Newsweek, focuses on sustainability and innovation in propulsion and energy-management solutions. Founded in 1904, Dana continues to impact the mobility market significantly.

Positive

• Declared a quarterly dividend of $0.10 per share, indicating strong cash flow and commitment to returning value to shareholders.
• Reported $8.9 billion in sales for 2021, showcasing robust revenue performance.

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• None.

MAUMEE, Ohio, April 20, 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 May 27, 2022, to holders of Dana common stock as of May 6.

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.

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SOURCE Dana Incorporated

FAQ

What is the dividend amount declared by Dana Incorporated?

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

When is the payment date for Dana's declared dividend?

The dividend will be payable on May 27, 2022.

What is the eligibility date for Dana's dividend?

Shareholders must be on record by May 6, 2022, to receive the dividend.

How much revenue did Dana report in 2021?

Dana reported sales of $8.9 billion in 2021.

What recognition has Dana Incorporated received in 2022?

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