Dana to Pay Increased Dividend on Common Stock; Increases, Extends Share Repurchase Program
Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.12 per share, payable March 20, 2026, to holders of Dana common stock as of February 27. This is an increase of 20 percent over the prior quarterly dividend. Also today, the board of directors increased and extended the share repurchase program from $1 billion by 2027 to a total of $2 billion by 2030, including the $750 million already returned under the program. "The dividend increase and expanded share repurchase program underscore the board's confidence in Dana's strategy, long‑term financial strength, and our commitment to delivering enhanced returns to shareholders," said Timothy Kraus, Senior Vice President and Chief Financial Officer.... Read more
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