Dana to Pay Dividend on Common Stock

Rhea-AI Summary

Dana Incorporated (NYSE: DAN) declared a quarterly dividend of $0.10 per share on its common stock, payable on May 31, 2024, to shareholders of record as of May 10. This news indicates the company's commitment to rewarding shareholders with consistent dividends.

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• Dana Incorporated (NYSE: DAN) declared a dividend of $0.10 per share on its common stock, showing a dedication to shareholder value.
• The quarterly dividend of $0.10 per share will be paid on May 31, 2024, to shareholders of record as of May 10, highlighting Dana's financial stability and commitment to rewarding investors.

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MAUMEE, Ohio, April 24, 2024 /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 31, 2024, to holders of Dana common stock as of May 10.

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 $10.6 billion in 2023 with 42,000 people in 31 countries across six continents. With a history dating to 1904, Dana was named among the "World's Most Ethical Companies" for 2023 and 2024 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 did Dana Incorporated (NYSE: DAN) announce regarding its common stock dividend?

Dana Incorporated (NYSE: DAN) announced a quarterly dividend of $0.10 per share on its common stock, payable on May 31, 2024, to shareholders of record as of May 10.

When will the dividend on Dana Incorporated (NYSE: DAN) common stock be paid?

The dividend on Dana Incorporated (NYSE: DAN) common stock will be paid on May 31, 2024.

How much is the dividend per share for Dana Incorporated (NYSE: DAN) common stock?

The dividend per share for Dana Incorporated (NYSE: DAN) common stock is $0.10.

What is the record date for Dana Incorporated (NYSE: DAN) common stock dividend?

The record date for the Dana Incorporated (NYSE: DAN) common stock dividend is May 10, 2024.