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Douglas Dynamics Declares Quarterly Cash Dividend

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Douglas Dynamics (NYSE: PLOW) has declared a quarterly cash dividend of $0.28 per share for Q4 2020. This dividend is set to be paid on December 31, 2020, to shareholders on record as of December 18, 2020. As a leading manufacturer of work truck attachments and equipment in North America, Douglas Dynamics is recognized for its innovative solutions that enhance operational efficiency and profitability.

Positive
  • Quarterly cash dividend of $0.28 per share declared.
  • Dividend payment reinforces company’s commitment to returning value to shareholders.
Negative
  • None.

MILWAUKEE, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that its Board of Directors approved and declared a quarterly cash dividend of $0.28 per share for the fourth quarter of 2020.

The declared dividend will be paid on December 31, 2020 to stockholders of record as of the close of business on December 18, 2020.

About Douglas Dynamics

Home to the most trusted brands in the industry, Douglas Dynamics is North America’s premier manufacturer and up-fitter of work truck attachments and equipment. For more than 70 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively, but also enable businesses to increase profitability. Through its proprietary Douglas Dynamics Management System (DDMS), the Company is committed to continuous improvement aimed at consistently producing the highest quality products, at industry-leading levels of service and delivery that ultimately drive shareholder value. The Douglas Dynamics portfolio of products and services is separated into two segments: First, the Work Truck Attachments segment, which manufactures complex work truck attachments consisting of snow and ice control equipment sold under the FISHER®, SNOWEX® and WESTERN® brands. Second, the Work Truck Solutions segment, which primarily up-fits Class 4-8 work vehicles with market leading attachments and storage solutions under the HENDERSON®, DEJANA® and related sub-brands, and also manufactures snow and ice control attachments under the HENDERSON® brand.

CONTACT
Douglas Dynamics, Inc.
Nathan Elwell
847-530-0249
investorrelations@douglasdynamics.com


FAQ

What is the dividend amount for Douglas Dynamics in Q4 2020?

The dividend amount is $0.28 per share.

When will the dividend for Douglas Dynamics be paid?

The dividend will be paid on December 31, 2020.

What is the record date for the Douglas Dynamics dividend?

The record date for the dividend is December 18, 2020.

How often does Douglas Dynamics pay dividends?

Douglas Dynamics typically pays dividends quarterly.

DOUGLAS DYNAMICS, INC.

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