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The Shyft Group Announces Quarterly Dividend

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The Shyft Group (NASDAQ: SHYF), a leading North American specialty vehicle manufacturer, has announced a quarterly cash dividend of $0.05 per share of common stock. This dividend will be paid on September 16, 2024, to shareholders of record at the close of business on August 16, 2024. The Shyft Group specializes in manufacturing, assembly, and upfit for commercial, retail, and service specialty vehicle markets. This announcement demonstrates the company's commitment to providing regular returns to its shareholders.

The Shyft Group (NASDAQ: SHYF), un importante produttore nordamericano di veicoli specializzati, ha annunciato un dividendo in contante trimestrale di $0.05 per azione di capitale comune. Questo dividendo sarà pagato il 16 settembre 2024, agli azionisti registrati alla chiusura dell'attività il 16 agosto 2024. The Shyft Group è specializzata nella produzione, assemblaggio e trasformazione per i mercati dei veicoli commerciali, retail e di servizio. Questo annuncio dimostra l'impegno dell'azienda nel fornire ritorni regolari ai propri azionisti.

The Shyft Group (NASDAQ: SHYF), un destacado fabricante de vehículos especializados en Norteamérica, ha anunciado un dividendo en efectivo trimestral de $0.05 por acción de acciones ordinarias. Este dividendo se pagará el 16 de septiembre de 2024, a los accionistas registrados al cierre de operaciones del 16 de agosto de 2024. The Shyft Group se especializa en la fabricación, ensamblaje y adaptación para los mercados de vehículos especializados comerciales, minoristas y de servicio. Este anuncio demuestra el compromiso de la empresa de proporcionar retornos regulares a sus accionistas.

The Shyft Group (NASDAQ: SHYF)는 북미의 주요 특수 차량 제조업체로서, 보통주 1주당 $0.05의 현금 배당금을 분기별로 지급한다고 발표했습니다. 이 배당금은 2024년 9월 16일에 지급될 예정이며, 2024년 8월 16일 장 마감 시점에 주주로 등록된 대상에게 지급됩니다. The Shyft Group은 상업용, 소매 및 서비스 특수 차량 시장을 위해 제조, 조립 및 업핏을 전문으로 합니다. 이번 발표는 주주들에게 정기적인 수익을 제공하겠다는 회사의 약속을 보여줍니다.

The Shyft Group (NASDAQ: SHYF), un fabricant nord-américain de véhicules spécialisés de premier plan, a annoncé un dividende en espèces trimestriel de 0,05 $ par action ordinaire. Ce dividende sera versé le 16 septembre 2024, aux actionnaires inscrits à la clôture des affaires le 16 août 2024. The Shyft Group est spécialisé dans la fabrication, l'assemblage et l'adaptation pour les marchés des véhicules spéciaux commerciaux, de détail et de services. Cette annonce démontre l'engagement de la société à fournir des retours réguliers à ses actionnaires.

The Shyft Group (NASDAQ: SHYF), ein führender nordamerikanischer Hersteller von Spezialfahrzeugen, hat eine vierteljährliche Bardividende von $0.05 pro Aktie der Stammaktien angekündigt. Diese Dividende wird am 16. September 2024 an die Aktionäre ausgezahlt, die zum Geschäftsschluss am 16. August 2024 im Aktienregister stehen. The Shyft Group spezialisiert sich auf die Herstellung, Montage und Anpassung für die Märkte der kommerziellen, Einzelhandels- und Service-Spezialfahrzeuge. Diese Ankündigung zeigt das Engagement des Unternehmens, seinen Aktionären regelmäßige Renditen zu bieten.

Positive
  • Consistent dividend payment indicates financial stability
  • Dividend provides immediate income for shareholders
Negative
  • None.

NOVI, Mich., Aug. 2, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors authorized a cash dividend of $0.05 per share of common stock. 

The Michigan-based manufacturer reported that its quarterly dividend will be payable on September 16, 2024 to shareholders of record as of the close of business on August 16, 2024. 

About The Shyft Group

The Shyft Group is the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets. Our customers include first-to-last mile delivery companies across vocations, federal, state, and local government entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles and Services™ and Shyft Specialty Vehicles™. Today, its family of brands include Utilimaster®, Blue Arc™ EV Solutions, Royal® Truck Body, DuraMag® and Magnum®, Strobes-R-Us, Spartan® RV Chassis, Red Diamond™ Aftermarket Solutions, Builtmore Contract Manufacturing™, and Independent Truck Upfitters. The Shyft Group and its go-to-market brands are well known in their respective industries for quality, durability, and first-to-market innovation. The Company employs approximately 3,000 employees and contractors across campuses, and operates facilities in Arizona, California, Florida, Indiana, Iowa, Maine, Michigan, Missouri, Pennsylvania, Tennessee, Texas, and Saltillo, Mexico. The Company reported sales of $872 million in 2023. Learn more at TheShyftGroup.com

CONTACT

MEDIA
Sydney Machesky
Director, Corporate Communications
Sydney.Machesky@theshyftgroup.com
586.413.4112

INVESTORS
Randy Wilson
Vice President, Investor Relations and Treasury
Randy.Wilson@theshyftgroup.com
248.727.3755

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-shyft-group-announces-quarterly-dividend-302213141.html

SOURCE The Shyft Group, Inc.

FAQ

What is the dividend amount announced by The Shyft Group (SHYF) for Q3 2024?

The Shyft Group announced a quarterly cash dividend of $0.05 per share of common stock.

When is the dividend payable for The Shyft Group (SHYF) shareholders?

The dividend is payable on September 16, 2024, to shareholders of record as of the close of business on August 16, 2024.

What is the record date for The Shyft Group's (SHYF) Q3 2024 dividend?

The record date for The Shyft Group's Q3 2024 dividend is August 16, 2024.

How often does The Shyft Group (SHYF) pay dividends?

Based on the announcement of a quarterly dividend, The Shyft Group appears to pay dividends on a quarterly basis.

The Shyft Group, Inc.

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Farm & Heavy Construction Machinery
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