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 March 25, 2022, to shareholders as of March 4, 2022. The company reported $7.1 billion in sales for 2020 and is recognized for its sustainability efforts, named one of "America's Most Responsible Companies 2022" by Newsweek. Dana specializes in energy management and propulsion solutions across various mobility markets and employs around 38,000 people in 33 countries globally.

Positive

• Quarterly dividend of $0.10 per share.
• Recognition as one of 'America's Most Responsible Companies 2022.'
• $7.1 billion in sales for 2020 indicates strong market presence.

Negative

• None.

MAUMEE, Ohio, Feb. 16, 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 March 25, 2022, to holders of Dana common stock as of March 4.

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 $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 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 (DAN)?

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

When is the dividend payment date for Dana (DAN)?

The dividend will be payable on March 25, 2022.

Who is eligible for the dividend from Dana (DAN)?

Shareholders as of March 4, 2022, are eligible for the dividend.

What were Dana's sales figures in 2020?

Dana reported sales of $7.1 billion in 2020.

How many employees does Dana (DAN) have?

Dana employs approximately 38,000 associates.