Enerpac Tool Group Announces Dividend

Rhea-AI Summary

Enerpac Tool Group Corp. (NYSE: EPAC) has declared a cash dividend of $0.04 per common share. This annual dividend will be payable on October 17, 2022, to shareholders of record by the close of business on October 7, 2022. Enerpac, headquartered in Menomonee Falls, Wisconsin, specializes in hydraulic tools and services across over 100 countries, providing solutions for heavy load positioning and high-pressure tasks.

Positive

• Annual dividend of $0.04 per common share benefits shareholders.
• Company maintains its commitment to return value to investors.

Negative

• None.

MILWAUKEE--(BUSINESS WIRE)-- Enerpac Tool Group Corp. (NYSE: EPAC) announced today that its Board of Directors has declared a cash dividend. The annual dividend of $0.04 per common share will be payable on October 17, 2022 to shareholders of record at the close of business on October 7, 2022.

About Enerpac Tool Group

Enerpac Tool Group is a premier industrial tools and services company serving a broad and diverse set of customers in more than 100 countries. The Company’s businesses are global leaders in high pressure hydraulic tools, controlled force products and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. For further information on Enerpac Tool Group and its businesses, visit the Company's website at www.enerpactoolgroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220728005945/en/

Bobbi Belstner

Senior Director, Investor Relations and Strategy

262.293.1912

Source: Enerpac Tool Group

FAQ

What is the dividend amount declared by Enerpac Tool Group?

Enerpac Tool Group declared a cash dividend of $0.04 per common share.

When will the cash dividend be paid to shareholders?

The cash dividend will be paid on October 17, 2022.

What is the record date for the Enerpac dividend?

The record date for the dividend is October 7, 2022.

How often does Enerpac Tool Group pay dividends?

Enerpac Tool Group pays dividends annually.