Douglas Dynamics Declares Quarterly Cash Dividend
Douglas Dynamics (NYSE: PLOW) announced that its Board of Directors approved a quarterly cash dividend of $0.295 per share for Q2 2024.
The dividend will be paid on June 28, 2024, to stockholders of record on June 17, 2024.
Douglas Dynamics is a key player in manufacturing and upfitting commercial work truck attachments and equipment, operating under renowned brands like FISHER, SNOWEX, WESTERN, HENDERSON, and DEJANA.
The company has been innovating for over 75 years to improve job efficiency and profitability for businesses, leveraging the Douglas Dynamics Management System (DDMS) to maintain high-quality standards and service delivery.
- Quarterly cash dividend of $0.295 per share approved.
- Dividend to be paid on June 28, 2024, supporting shareholder returns.
- Strong brand portfolio including FISHER, SNOWEX, WESTERN, HENDERSON, and DEJANA.
- 75 years of innovation and industry presence.
- Commitment to continuous improvement via Douglas Dynamics Management System (DDMS).
- No mention of revenue growth or new product launches.
- Dividend amount remains unchanged, indicating possible stagnation in financial growth.
- No updated guidance or financial outlook provided.
MILWAUKEE, June 06, 2024 (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
The declared dividend will be paid on June 28, 2024 to stockholders of record on June 17, 2024.
About Douglas Dynamics
Home to the most trusted brands in the industry, Douglas Dynamics is North America’s premier manufacturer and up-fitter of commercial work truck attachments and equipment. For more than 75 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 includes commercial snow and ice control equipment sold under the FISHER®, SNOWEX® and WESTERN® brands. Second, the Work Truck Solutions segment, which includes the up-fit of market leading attachments and storage solutions under the HENDERSON® brand, and the DEJANA® brand and its related sub-brands.
CONTACT
Douglas Dynamics, Inc.
Nathan Elwell
Vice President of Investor Relations
847-530-0249
investorrelations@douglasdynamics.com
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