Terex Announces Quarterly Dividend

Rhea-AI Summary

Terex (NYSE: TEX) has declared a quarterly dividend of $0.17 per share, as announced by its Board of Directors. This dividend will be paid on June 20, 2024, to all shareholders of record as of June 6, 2024. The declaration underscores the company's ongoing commitment to returning value to its investors.

Positive

• Quarterly dividend declared at $0.17 per share.
• Dividend payment date set for June 20, 2024.
• Record date for shareholders is June 6, 2024.
• Reaffirmation of commitment to shareholder value.

Negative

• No new business developments or financial performance metrics included in the announcement.

NORWALK, Conn., May 23, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share. The dividend is to be paid on June 20, 2024 to all stockholders of record as of the close of business on June 6, 2024.

About Terex
Terex is a global manufacturer of materials processing machinery and aerial work platforms. We design, build and support products used in maintenance, manufacturing, energy, recycling, minerals and materials management, and construction applications. Certain Terex products and solutions enable customers to reduce their impact on the environment 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 to parts and service support. We report our business in the following segments: (i) Materials Processing and (ii) Aerial Work Platforms.

Contact Information
Julie A. Beck
Senior Vice President, Chief Financial Officer
Email: Investor.Relations@Terex.com

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SOURCE Terex Corporation

FAQ

What is the dividend amount declared by Terex ?

Terex has declared a quarterly dividend of $0.17 per share.

When will Terex pay its declared dividend?

The dividend will be paid on June 20, 2024.

What is the record date for Terex's dividend payment?

The record date for shareholders to receive the dividend is June 6, 2024.

What is the stock symbol for Terex ?

The stock symbol for Terex is 'TEX'.