Manitowoc (MTW) Declares $0.08 Annual Dividend; 0.5% Yield
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Go back to Manitowoc (MTW) Declares $0.08 Annual Dividend; 0.5% Yield
October 28, 2015 5:39 PM EDT
MANITOWOC, Wis.--(BUSINESS WIRE)--
At its meeting today, the Board of Directors of The Manitowoc Company,
Inc. (NYSE: MTW), declared a cash dividend of 8 cents per share of
common stock, payable on December 10, 2015, to shareholders of record on
November 27, 2015.
About The Manitowoc Company,... More
October 28, 2015 5:34 PM EDT
Solid improvement in Foodservice offset by persistent end-market
weakness in Cranes;
Announced restructuring activities to
result in savings of approximately $135 - $145 million over the next
three years;
Planned business separation remains on track
for Q1 2016
MANITOWOC, Wis.--(BUSINESS WIRE)--
The Manitowoc Company, Inc. (NYSE: MTW) today reported third-quarter
2015 sales of $863.5 million, a 12.5 percent decrease from $986.3
million in the third quarter of 2014. Approximately 40 percent of this
decline was due to unfavorable foreign currency impacts.
On a GAAP basis, the company reported... More
