Dana to Pay Dividend on Common Stock

Rhea-AI Summary

Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, payable on June 2, 2023, to shareholders as of May 12, 2023. The company, headquartered in Maumee, Ohio, reported sales of $10.2 billion in 2022 and employs 42,000 people globally. Dana is recognized for its commitment to sustainability and ethical practices, being named one of the "World's Most Ethical Companies" for 2023 and one of "America's Most Responsible Companies" by Newsweek. The firm specializes in efficient propulsion and energy-management solutions, serving the global mobility market.

Positive

• Declared quarterly dividend of $0.10 per share, supporting income for shareholders.
• Recognized as one of the 'World's Most Ethical Companies' for 2023.
• Sales of $10.2 billion in 2022 demonstrate strong financial performance.

Negative

• None.

MAUMEE, Ohio, April 26, 2023 /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 June 2, 2023, to holders of Dana common stock as of May 12.

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 $10.2 billion in 2022 with 42,000 people in 31 countries across six continents.  Dana, with a history dating to 1904, was named among the "World's Most Ethical Companies" for 2023 by Ethisphere and as one of "America's Most Responsible Companies 2023" by Newsweek.  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 for Dana (DAN) for June 2023?

Dana has declared a quarterly dividend of $0.10 per share for June 2023.

When will the dividend for Dana (DAN) be paid?

The dividend will be payable on June 2, 2023.

What is the payment date of Dana's dividend?

The payment date for Dana's dividend is June 2, 2023.

Who is eligible for Dana's dividend in June 2023?

Shareholders of Dana stock as of May 12, 2023, are eligible for the dividend.