Terex (TEX) Raises Quarterly Dividend 16.7% to $0.07; 1.4% Yield
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Terex Announces Fourth Quarter and Full Year 2015 Results and Provides 2016 Outlook
February 16, 2016 6:05 PM ESTWESTPORT, Conn.--(BUSINESS WIRE)-- Terex Corporation (NYSE: TEX) today announced fourth quarter 2015 income from continuing operations was $14.6 million, or $0.13 per share, on net sales of $1.6 billion. In the fourth quarter of 2014, income from continuing operations was $79.9 million, or $0.71 per share, on net sales of $1.8 billion. Income from continuing operations as adjusted was $55.4 million, or $0.50 per share, in the fourth quarter of 2015 compared to $80.3 million, or $0.72 per share excluding the $0.49 per share tax benefit related to the ASV disposition and certain other items, in the fourth quarter of 2014. All per share... More
Terex Increases Quarterly Dividend to $0.07 Per Share
February 16, 2016 6:01 PM ESTWESTPORT, Conn.--(BUSINESS WIRE)-- Terex Corporation (NYSE: TEX) today announced that its Board of Directors declared a quarterly dividend of $0.07 per share. The new quarterly cash dividend is an increase of approximately 17% over the 2015 quarterly dividend amount. The dividend is to be paid on... More
