Douglas Dynamics Declares Quarterly Cash Dividend
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Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 3.9%
Revenue Growth %: +13.6%
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MILWAUKEE, Dec. 09, 2016 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer of vehicle attachments and equipment, today announced that pursuant to the Company's dividend policy its board of directors has declared a quarterly cash dividend of $0.2350 per share of the Company's common stock.
The declared $0.2350 per share cash dividend will be paid on December 30, 2016 to stockholders of record as of the close of business on December 20, 2016.
About Douglas DynamicsHome to the most trusted brands in the industry, Douglas Dynamics is North America’s premier manufacturer and up-fitter of commercial vehicle attachments and equipment. For more than 65 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively, but also enable businesses to increase profitability. Through its proprietary Douglas Dynamics Management System (DDMS), the Company is committed to continuous improvement aimed at consistently producing the highest quality products, at industry-leading levels of service and delivery that ultimately drive shareholder value. The Douglas Dynamics portfolio of products and services includes manufactured snow and ice attachments sold under the FISHER®, HENDERSON®, SNOWEX® and WESTERN® brands, and the up-fit of market leading attachments for commercial work vehicles under the DEJANA® brand.
CONTACT Douglas Dynamics, Inc. Nathan Elwell 847-530-0249 [email protected]Source: Douglas Dynamics, L.L.C.
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