Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. The Light Vehicle Drive Systems segment offers axles, driveshafts, e-axles, electrodynamic and drivetrain components, and transmissions, as well as electric, hybrid, and ICE products for light trucks, sport and crossover utility vehicles, vans, and passenger cars. The Commercial Vehicle Drive and Motion Systems segment provides axles, driveshafts, e-axles, e-transmissions, electrodynamic and drivetrain components, and electric vehicle integration services, as well as software as a service for medium and heavy duty trucks, buses, and specialty vehicles. The Off-Highway Drive and Motion Systems segment offers axles, driveshafts, transmissions, planetary hub drives, e-axles and e-drives, and helical and bevel-helical gearboxes, as well as electrodynamic, hydraulic, and drivetrain components for construction, earth moving, agricultural, mining, forestry, material handling, and industrial stationary markets. The Power Technologies segment offers gaskets and sealing, cover modules, heat shields, thermal management, e-thermal management, cooling, and bipolar fuel cell plates products for light vehicle, medium/heavy vehicle, and off-highway markets. The company was formerly known as Dana Holding Corporation and changed its name to Dana Incorporated in August 2016. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio.
Dana Dividend Announcement
• Dana announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-08
• Dana annual dividend for 2024 was $0.40
• Dana annual dividend for 2023 was $0.40
• Dana 's trailing twelve-month (TTM) dividend yield is 5.88%
• Dana 's payout ratio for the trailing twelve months (TTM) is -362.50%
• Dana 's dividend growth over the last ten years (2013-2023) was 7.18% year
Dana Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-08 | $0.10 | quarterly | 2024-11-29 |
| 2024-08-09 | $0.10 | quarterly | 2024-08-30 |
| 2024-05-09 | $0.10 | quarterly | 2024-05-31 |
| 2024-02-29 | $0.10 | quarterly | 2024-03-22 |
| 2023-11-09 | $0.10 | quarterly | 2023-12-01 |
| 2023-08-10 | $0.10 | quarterly | 2023-09-01 |
| 2023-05-11 | $0.10 | quarterly | 2023-06-02 |
| 2023-03-02 | $0.10 | quarterly | 2023-03-24 |
| 2022-11-09 | $0.10 | quarterly | 2022-12-02 |
| 2022-08-11 | $0.10 | quarterly | 2022-09-02 |
| 2022-05-05 | $0.10 | quarterly | 2022-05-27 |
| 2022-03-03 | $0.10 | quarterly | 2022-03-25 |
| 2021-11-04 | $0.10 | quarterly | 2021-11-26 |
| 2021-08-12 | $0.10 | quarterly | 2021-09-03 |
| 2021-05-06 | $0.10 | quarterly | 2021-05-28 |
| 2021-03-04 | $0.10 | quarterly | 2021-03-26 |
| 2020-02-27 | $0.10 | quarterly | 2020-03-20 |
| 2019-11-07 | $0.10 | quarterly | 2019-11-29 |
| 2019-08-15 | $0.10 | quarterly | 2019-09-06 |
| 2019-05-16 | $0.10 | quarterly | 2019-06-07 |
| 2019-02-28 | $0.10 | quarterly | 2019-03-22 |
| 2018-11-08 | $0.10 | quarterly | 2018-11-30 |
| 2018-08-09 | $0.10 | quarterly | 2018-08-31 |
| 2018-05-10 | $0.10 | quarterly | 2018-06-01 |
| 2018-03-01 | $0.10 | quarterly | 2018-03-23 |
| 2017-11-09 | $0.06 | quarterly | 2017-12-01 |
| 2017-08-09 | $0.06 | quarterly | 2017-09-01 |
| 2017-05-10 | $0.06 | quarterly | 2017-06-02 |
| 2017-03-01 | $0.06 | quarterly | 2017-03-24 |
| 2016-11-08 | $0.06 | quarterly | 2016-12-02 |
| 2016-08-17 | $0.06 | quarterly | 2016-09-09 |
| 2016-05-11 | $0.06 | quarterly | 2016-06-03 |
| 2016-03-09 | $0.06 | quarterly | 2016-04-01 |
| 2015-11-10 | $0.06 | quarterly | 2015-12-04 |
| 2015-08-19 | $0.06 | quarterly | 2015-09-11 |
| 2015-05-13 | $0.06 | quarterly | 2015-06-05 |
| 2015-03-11 | $0.05 | quarterly | 2015-04-03 |
| 2014-11-12 | $0.05 | quarterly | 2014-12-05 |
| 2014-08-20 | $0.05 | quarterly | 2014-09-12 |
| 2014-05-14 | $0.05 | quarterly | 2014-06-06 |
| 2014-03-12 | $0.05 | quarterly | 2014-04-04 |
| 2013-11-06 | $0.05 | quarterly | 2013-11-29 |
| 2013-08-07 | $0.05 | quarterly | 2013-08-30 |
| 2013-05-08 | $0.05 | quarterly | 2013-05-31 |
| 2013-03-13 | $0.05 | quarterly | 2013-04-05 |
Dana Dividend per year
Dana Dividend growth
Dana Dividend Yield
Dana current trailing twelve-month (TTM) dividend yield is 5.88%. Interested in purchasing Dana stock? Use our calculator to estimate your expected dividend yield:
Dana Financial Ratios
P/E ratio-77.03
PEG ratio-0.10
P/B ratio0.83
ROE-1.05%
Payout ratio-362.50%
Current ratio1.49
Quick ratio0.86
Cash Ratio0.15
Dana Dividend FAQ
How much is the next Dana dividend?
Dana 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dana dividend. The next Dana dividend will be released in March, May, August, or November.
When is Dana dividend paid?
Dana pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Dana pay?
The specific amount of Dana dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dana 's dividend history.
Does Dana stock pay dividends?
Yes, Dana does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dana 's dividend history.
How much dividend does Dana pay?
Dana paid $0.4 in 2024, $0.4 in 2023, $0.4 in 2022, $0.4 in 2021, and $0.1 in 2020.
How often does Dana pay dividends?
Dana typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Dana 's dividend yield?
The current dividend yield for Dana is 5.88%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Dana 's exact dividend yield.
When does Dana go ex dividend?
Dana 's ex-dividend date for the latest dividend was on 2024-11-08. Dana typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Dana dividend paid?
Dana pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Dana increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Dana will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Dana dividend per share?
Dana paid $0.4 per share in 2024 and $0.4 per share in 2023. The amount of dividend per share that Dana pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Dana a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Dana a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Dana a dividend stock?
Yes, Dana is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dana a good dividend stock?
Whether Dana is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dana has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Dana as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Dana as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Dana pay dividends monthly?
Dana typically pays dividends on a quarterly basis.
Does Dana pay dividends quarterly?
Dana currently pays dividends on a quarterly basis.
Has Dana ever paid a dividend?
Yes, Dana has a history of paying dividends to its shareholders. Dana is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dana dividend stocks?
To buy Dana you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Dana stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Dana stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Dana pay dividends 2024?
Dana pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Dana increase its dividend in 2024?
Decisions regarding Dana dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Dana dividend overview you can look into the above table of dividend history.
How Dana dividend works?
The Dana dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Dana 's dividend process works:
1. Determination of Dividend: Dana 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Dana publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Dana distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Dana are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Dana 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Dana publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Dana distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Dana are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Dana dividends paid?
Dana dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Dana sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Dana distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dana declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Dana sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Dana distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dana declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Dana pay dividends?
Dana typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Dana pay dividends?
The general pattern is that Dana pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dana dividend safe?
The safety of Dana 's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Dana 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Dana 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Dana 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Dana 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.