Terex Corporation Announces Quarterly Dividend

Rhea-AI Summary

Terex Corporation (NYSE:TEX) has declared a quarterly dividend of $0.12 per share. This dividend will be paid on June 18, 2021, to all shareholders who are on record as of June 4, 2021. The dividend is part of Terex's commitment to returning value to shareholders while supporting its business in manufacturing and construction.

Positive

• Quarterly dividend of $0.12 per share enhances shareholder returns.
• Dividend payment reflects the company's commitment to providing shareholder value.

Negative

• None.

NORWALK, Conn., May 6, 2021 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced that its Board of Directors declared a quarterly dividend of $0.12 per share. The dividend is to be paid on June 18, 2021 to all stockholders of record as of the close of business on June 4, 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 has declared a quarterly dividend of $0.12 per share.

When will Terex Corporation pay the dividend?

The dividend will be paid on June 18, 2021.

What is the record date for the Terex Corporation dividend?

The record date for the dividend is June 4, 2021.

How often does Terex Corporation pay dividends?

Terex Corporation pays dividends quarterly.

Is the dividend from Terex Corporation sustainable?

The sustainability of the dividend depends on the company's financial performance and cash flow, which are not specified in the press release.