The Shyft Group (SHYF) Raises Quarterly Dividend 100% to $0.05; 0.5% Yield

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The Shyft Group Raises Quarterly Dividend 2X to $0.05 per Share

February 3, 2022 8:00 AM EST

NOVI, Mich., Feb. 03, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc., (NASDAQ: SHYF) (Shyft or the Company), North Americas leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors has authorized an increase in the Companys common stock from $0.025 to $0.05 per share.

The Michigan-based manufacturer reported that its quarterly dividend... More