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Douglas Dynamics Declares Quarterly Cash Dividend

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Douglas Dynamics, Inc. (NYSE: PLOW) declared a $0.285 cash dividend per share for Q2 2021. This dividend is set to be distributed on June 30, 2021, to shareholders recorded as of June 18, 2021. The firm, recognized as North America's leading manufacturer of work truck attachments, emphasizes continuous improvement through its proprietary management system, enhancing product quality and service levels to drive shareholder value.

Positive
  • Quarterly cash dividend of $0.285 per share confirms the company's commitment to returning value to shareholders.
  • Strong brand presence in work truck attachments underlines potential for consistent revenue stream.
Negative
  • None.

MILWAUKEE, June 07, 2021 (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 $0.285 per share for the second quarter of 2021.

The declared dividend will be paid on June 30, 2021 to stockholders of record as of the close of business on June 18, 2021.

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 declared by Douglas Dynamics for Q2 2021?

The dividend amount declared is $0.285 per share.

When will the dividend for Douglas Dynamics be paid?

The dividend will be paid on June 30, 2021.

What is the record date for the Douglas Dynamics dividend?

The record date for the dividend is June 18, 2021.

How often does Douglas Dynamics pay dividends?

Douglas Dynamics pays dividends quarterly.

What is the significance of the Douglas Dynamics Management System?

The Douglas Dynamics Management System aims for continuous improvement in product quality and service delivery, enhancing shareholder value.

DOUGLAS DYNAMICS, INC.

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MILWAUKEE