Terex Announces Quarterly Dividend

Rhea-AI Summary

Terex Corporation (NYSE:TEX) has declared a quarterly dividend of $0.13 per share, which will be distributed on September 19, 2022. Stockholders of record as of August 12, 2022 will be eligible for this dividend. Terex is known for manufacturing materials processing machinery and aerial work platforms, serving various industries worldwide. The company also focuses on reducing environmental impacts through innovative electric and hybrid products.

Positive

• Quarterly dividend of $0.13 per share enhances shareholder income.
• Strong commitment to environmentally friendly products attracts sustainable investment.

Negative

• None.

NORWALK, Conn., July 13, 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 September 19, 2022 to all stockholders of record as of the close of business on August 12, 2022. 

About Terex
Terex is a global manufacturer of materials processing machinery and aerial work platforms. We design, build and support products used in construction, maintenance, manufacturing, energy, recycling, minerals and materials management applications. Certain 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
Julie Beck
Senior Vice President, Chief Financial Officer
(203) 200-5979
InvestorRelations@terex.com

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SOURCE Terex Corporation

FAQ

What is the dividend amount declared by Terex for Q3 2022?

Terex declared a quarterly dividend of $0.13 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on September 19, 2022.

What is the record date for the Terex dividend?

The record date for the dividend is August 12, 2022.

How does Terex's focus on sustainability impact its stock?

Terex's environmentally friendly products may attract sustainable investment and enhance its market position.