Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the BLIZZARD, FISHER, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, BRINEXTREME, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.
Douglas Dynamics Dividend Announcement
• Douglas Dynamics announced a quarterly dividend of $0.29 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
• Douglas Dynamics annual dividend for 2024 was $0.89
• Douglas Dynamics annual dividend for 2023 was $1.18
• Douglas Dynamics's trailing twelve-month (TTM) dividend yield is 5.72%
• Douglas Dynamics's payout ratio for the trailing twelve months (TTM) is 49.30%
• Douglas Dynamics's dividend growth over the last five years (2018-2023) was 2.17% year
• Douglas Dynamics's dividend growth over the last ten years (2013-2023) was 3.52% year
Douglas Dynamics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | $0.29 | quarterly | 2024-09-30 |
2024-06-17 | $0.29 | quarterly | 2024-06-28 |
2024-03-15 | $0.29 | quarterly | 2024-03-29 |
2023-12-18 | $0.29 | quarterly | 2023-12-29 |
2023-09-18 | $0.29 | quarterly | 2023-09-29 |
2023-06-15 | $0.29 | quarterly | 2023-06-30 |
2023-03-16 | $0.29 | quarterly | 2023-03-31 |
2022-12-16 | $0.29 | quarterly | 2022-12-30 |
2022-09-16 | $0.29 | quarterly | 2022-09-30 |
2022-06-16 | $0.29 | quarterly | 2022-06-30 |
2022-03-17 | $0.29 | quarterly | 2022-03-31 |
2021-12-20 | $0.28 | quarterly | 2021-12-31 |
2021-09-16 | $0.28 | quarterly | 2021-09-30 |
2021-06-17 | $0.28 | quarterly | 2021-06-30 |
2021-03-18 | $0.28 | quarterly | 2021-03-31 |
2020-12-17 | $0.28 | quarterly | 2020-12-31 |
2020-09-17 | $0.28 | quarterly | 2020-09-30 |
2020-06-18 | $0.28 | quarterly | 2020-06-30 |
2020-03-19 | $0.28 | quarterly | 2020-03-31 |
2019-12-19 | $0.27 | quarterly | 2019-12-31 |
2019-09-19 | $0.27 | quarterly | 2019-09-30 |
2019-06-17 | $0.27 | quarterly | 2019-06-28 |
2019-03-18 | $0.27 | quarterly | 2019-03-29 |
2018-12-20 | $0.27 | quarterly | 2018-12-31 |
2018-09-17 | $0.27 | quarterly | 2018-09-28 |
2018-06-18 | $0.27 | quarterly | 2018-06-29 |
2018-03-21 | $0.27 | quarterly | 2018-03-30 |
2017-12-18 | $0.24 | quarterly | 2017-12-29 |
2017-09-18 | $0.24 | quarterly | 2017-09-29 |
2017-06-16 | $0.24 | quarterly | 2017-06-30 |
2017-03-17 | $0.24 | quarterly | 2017-03-31 |
2016-12-16 | $0.23 | quarterly | 2016-12-30 |
2016-09-16 | $0.23 | quarterly | 2016-09-30 |
2016-06-16 | $0.23 | quarterly | 2016-06-30 |
2016-03-17 | $0.23 | quarterly | 2016-03-31 |
2015-12-17 | $0.22 | quarterly | 2015-12-31 |
2015-09-17 | $0.22 | quarterly | 2015-09-30 |
2015-06-17 | $0.22 | quarterly | 2015-06-30 |
2015-03-18 | $0.22 | quarterly | 2015-03-31 |
2014-12-18 | $0.22 | quarterly | 2014-12-31 |
2014-09-18 | $0.22 | quarterly | 2014-09-30 |
2014-06-18 | $0.22 | quarterly | 2014-06-30 |
2014-03-19 | $0.22 | quarterly | 2014-03-31 |
2013-12-19 | $0.21 | quarterly | 2013-12-31 |
2013-09-18 | $0.21 | quarterly | 2013-09-30 |
2013-06-14 | $0.21 | quarterly | 2013-06-28 |
2013-03-15 | $0.21 | quarterly | 2013-03-29 |
Douglas Dynamics Dividend per year
Douglas Dynamics Dividend growth
Douglas Dynamics Dividend Yield
Douglas Dynamics current trailing twelve-month (TTM) dividend yield is 5.72%. Interested in purchasing Douglas Dynamics stock? Use our calculator to estimate your expected dividend yield:
Douglas Dynamics Financial Ratios
Douglas Dynamics Dividend FAQ
Other factors to consider when evaluating Douglas Dynamics 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.
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1. Determination of Dividend: Douglas Dynamics'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, Douglas Dynamics 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, Douglas Dynamics 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 Douglas Dynamics 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. Record Date: Douglas Dynamics 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, Douglas Dynamics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Douglas Dynamics 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.
To assess the safety of Douglas Dynamics'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 Douglas Dynamics'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.