Douglas Dynamics, Inc. Declares Quarterly Cash Dividend, Payable on December 29, 2023
December 06, 2023 at 05:00 pm EST
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Douglas Dynamics, Inc. announced that its Board of Directors approved and declared a quarterly cash dividend of $0.295 per share for the fourth quarter of 2023. The declared dividend will be paid on December 29, 2023 to stockholders of record on December 19, 2023.
Douglas Dynamics, Inc. is a manufacturer and upfitter of commercial work truck attachments and equipment. The Company operates through two segments: Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment is engaged in manufacturing and selling snow and ice control attachments and other products sold under the FISHER, SNOWEX and WESTERN brands, as well as its vertically integrated products. It offers a range of product lines of snowplows and sand and salt spreaders for light trucks. The Work Truck Solutions segment is engaged in manufacturing municipal snow and ice control products under the HENDERSON brand and the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. Work Truck Solutions products consist of truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions, and which are typically used by end-users for work related purposes.