Douglas Dynamics Declares Quarterly Cash Dividend

Rhea-AI Summary

Douglas Dynamics, Inc. (NYSE: PLOW) has declared a quarterly cash dividend of $0.29 per share for the second quarter of 2022. This dividend will be paid on June 30, 2022, to stockholders of record as of June 17, 2022. The company, recognized as North America's leading manufacturer of work truck attachments and equipment, emphasizes its commitment to shareholder value through continuous improvement and high-quality product delivery.

Positive

• Quarterly cash dividend of $0.29 per share announced.
• Dividend reflects Douglas Dynamics' commitment to returning value to shareholders.

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• None.

MILWAUKEE, June 06, 2022 (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 $0.29 per share for the second quarter of 2022.

The declared dividend will be paid on June 30, 2022 to stockholders of record on June 17, 2022.

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
847-530-0249
investorrelations@douglasdynamics.com

FAQ

What is the dividend amount declared by Douglas Dynamics in June 2022?

The declared dividend amount is $0.29 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 30, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is June 17, 2022.

How often does Douglas Dynamics pay dividends?

Douglas Dynamics typically pays dividends quarterly.

What is the significance of the dividend for PLOW shareholders?

The dividend indicates the company's ongoing commitment to shareholder value.