Dana to Pay Dividend on Common Stock

Rhea-AI Summary

Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, set to be paid on May 28, 2021, to shareholders as of May 7. This announcement highlights the company's commitment to returning value to its investors amidst its operations in the design and manufacture of propulsion and energy-management solutions.

In 2020, Dana reported sales of $7.1 billion and has been recognized for its sustainability efforts, being named one of 'America's Most Responsible Companies 2021' by Newsweek.

Positive

• Declaring a quarterly dividend of $0.10 per share indicates a commitment to returning value to shareholders.
• Reported sales of $7.1 billion in 2020 demonstrates strong financial performance.
• Recognition as one of 'America's Most Responsible Companies 2021' showcases corporate responsibility.

Negative

• None.

MAUMEE, Ohio, April 21, 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 May 28, 2021, to holders of Dana common stock as of May 7.

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

What is the dividend amount for Dana Incorporated (DAN)?

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

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

The dividend payment date for Dana is May 28, 2021.

Who are eligible shareholders for the dividend from Dana (DAN)?

Shareholders of record as of May 7, 2021, are eligible for the dividend.

How has Dana Incorporated (DAN) performed financially in 2020?

Dana reported sales of $7.1 billion in 2020, indicating robust financial performance.