Terex Corporation Announces Quarterly Dividend

Rhea-AI Summary

Terex Corporation (NYSE: TEX) has declared a quarterly dividend of $0.12 per share, payable on September 20, 2021. Stockholders on record as of August 12, 2021 will receive the dividend. This decision reflects the company's commitment to returning value to its shareholders.

Terex operates globally, manufacturing aerial work platforms and materials processing machinery, and engaging with customers throughout the product life cycle.

Positive

• Quarterly dividend declared at $0.12 per share, demonstrating commitment to shareholder value.

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• None.

NORWALK, Conn., July 16, 2021 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend of $0.12 per share. The dividend is to be paid on September 20, 2021 to all stockholders of record as of the close of business on August 12, 2021. 

About Terex
Terex Corporation is a global manufacturer of aerial work platforms and materials processing machinery. The Company designs, builds, and supports products used in construction, maintenance, manufacturing, energy, minerals and materials management applications. The Company's products are manufactured in North and South America, Europe, Australia, and Asia and sold worldwide. The Company engages with customers through all stages of the product life cycle, from initial specification and financing to parts and service support. Terex uses its website (www.terex.com) to make information available to its investors.

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

 

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SOURCE Terex Corporation

FAQ

What is the dividend amount declared by Terex Corporation?

Terex Corporation declared a quarterly dividend of $0.12 per share.

When will the dividend be paid?

The dividend will be paid on September 20, 2021.

What is the record date for the dividend?

The record date for the dividend is August 12, 2021.

How often does Terex Corporation pay dividends?

Terex Corporation pays dividends quarterly.

Is the dividend payment sustainable for Terex Corporation?

The sustainability of the dividend payment depends on the company's ongoing financial performance and cash flow.