Polaris Industries (PII) Declares $0.63 Quarterly Dividend; $1B Buyback

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Go back to Polaris Industries (PII) Declares $0.63 Quarterly Dividend; $1B Buyback

Polaris Declares Regular Cash Dividend; Announces $1 Billion Share Repurchase Authorization

April 29, 2021 4:45 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- Polaris Inc. (NYSE: PII) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.63 per share payable on June 15, 2021 to shareholders of record at the close of business on June 1, 2021. Polaris also announced that its Board of Directors has authorized the repurchase of up to $1 billion of the Company's outstanding common stock. This new repurchase authorization replaces the prior Board authorization.

Commenting on the stock repurchase program, Mike Speetzen, interim CEO, said, Returning cash to our shareholders has been core to our balanced capital... More