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Dana Incorporated - DAN STOCK NEWS

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Dana Incorporated (NYSE: DAN) is a global leader in the design and manufacture of highly efficient propulsion and energy-management solutions for vehicles and machines in all mobility markets worldwide. Based in Maumee, Ohio, Dana operates across four primary segments: Light Vehicles, Power Technologies, Commercial Vehicle, and Off-Highway. The Light Vehicles segment, catering to light trucks, SUVs, CUVs, vans, and passenger cars, generates the majority of the company's revenue.

Founded in 1904 by pioneers such as Clarence Spicer, Joseph Victor, Hugo Reinz, J.B. Long, and Charles Dana, the company has a rich legacy of innovation and risk-taking that continues to drive its mission today. Dana's diverse range of products includes drive and motion systems, electrodynamic technologies, software and controls, and thermal, sealing, and digital solutions. These offerings support nearly every vehicle manufacturer, making Dana a critical player in both conventional and clean-energy solutions.

In 2022, Dana reported sales of $10.2 billion and employed 42,000 people across 31 countries on six continents. The company continues to gain recognition for its ethical practices and responsibility, being named among the

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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.

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Dana Incorporated (NYSE: DAN) will release its 2023 first-quarter financial results on April 28, 2023. A press release will be issued at 7 a.m. EDT, followed by a conference call at 9 a.m. EDT. Senior management will discuss the results and answer questions. Dana, based in Maumee, Ohio, reported $10.2 billion in sales for 2022 and employs 42,000 people across 31 countries. The company is recognized for its ethical practices and responsible operations, named among the World's Most Ethical Companies and America's Most Responsible Companies for 2023. Investors can access the conference call through a toll-free dial-in number and will also have the option to listen to a replay via the Dana investor website.

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Dana Incorporated (NYSE: DAN) has unveiled new metallic bipolar plates designed to enhance the performance of proton exchange membrane (PEM) electrolyzers for hydrogen fuel production. Showcased at Hannover Messe, these plates incorporate Dana's extensive design experience to improve efficiency and reduce electrical losses. Currently in prototype testing, commercial production is expected by late 2023. The company plans to install a major production line in Neu-Ulm, Germany, capable of producing up to 8 million plates annually. Dana aims to support the energy transition with innovations for both mobile and stationary fuel-cell applications.

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Dana, listed on NYSE under the ticker DAN, will participate in the BofA Global Automotive Summit on April 4, 2023, starting at 11:20 a.m. EDT. Senior management will present an overview and address questions for about 40 minutes. Investors can access the webcast via Dana's Investor website prior to the event. Dana, based in Maumee, Ohio, reported $10.2 billion in sales in 2022, employing 42,000 people globally. The firm is recognized for its sustainable practices and was named one of "America's Most Responsible Companies 2023" by Newsweek.

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Dana Incorporated (NYSE: DAN) has announced new initiatives focused on enhancing its electrification portfolio for the North American construction and off-highway markets. Key developments include the debut of the Spicer Electrified™ eSP502 e-Transmission, designed for various off-highway vehicles, and a modular drivetrain solution for telehandlers. Additionally, Dana will expand production capabilities at its Lafayette, Indiana facility to meet the increasing demand for compact track loaders. These strategic expansions position Dana as a leader in sustainable drive solutions, with a commitment to customer satisfaction and optimized manufacturing processes.

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FAQ

What is the current stock price of Dana Incorporated (DAN)?

The current stock price of Dana Incorporated (DAN) is $11.79 as of December 24, 2024.

What is the market cap of Dana Incorporated (DAN)?

The market cap of Dana Incorporated (DAN) is approximately 1.7B.

Dana Incorporated

NYSE:DAN

DAN Rankings

DAN Stock Data

1.71B
143.62M
0.93%
103.09%
2.21%
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