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Terex Announces Dividend Increase of 8.3%

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Terex Corporation (NYSE:TEX) has declared a quarterly dividend of $0.13 per share, payable on March 21, 2022. This dividend is for stockholders on record as of the close of business on March 9, 2022. The company focuses on manufacturing aerial work platforms and materials processing machinery, aiming to reduce environmental impacts through electric and hybrid products.

Positive
  • Quarterly dividend declared at $0.13 per share.
  • Demonstrates ongoing commitment to returning value to shareholders.
Negative
  • None.

NORWALK, Conn., Feb. 10, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on March 21, 2022 to all stockholders of record as of the close of business on March 9, 2022. 

About Terex
Terex is a global manufacturer of aerial work platforms and materials processing machinery. We design, build and support products used in construction, maintenance, manufacturing, energy, minerals and materials management applications. Terex products and solutions enable customers to reduce their environmental impact including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, Australia and Asia and sold worldwide. We engage with customers through all stages of the product life cycle, from initial specification and financing to parts and service support.

Contact Information
Terex Corporation
Randy Wilson
Director, Investor Relations & Corporate Treasury
203-221-5415

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/terex-announces-dividend-increase-of-8-3-301479779.html

SOURCE Terex Corporation

FAQ

What is the dividend amount for Terex Corporation (TEX)?

The dividend amount declared is $0.13 per share.

When will the dividend be paid to shareholders of Terex Corporation (TEX)?

The dividend will be paid on March 21, 2022.

When is the record date for the dividend payment for Terex Corporation (TEX)?

The record date for the dividend payment is March 9, 2022.

Terex Corporation

NYSE:TEX

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3.04B
65.16M
2.36%
98.64%
7.64%
Farm & Heavy Construction Machinery
Industrial Trucks, Tractors, Trailors & Stackers
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United States of America
NORWALK