Dana Incorporated (NYSE:DAN) Shareholders to Collect $0.12 Quarterly Dividend

Dana Incorporated (NYSE:DAN) announced a quarterly dividend on Tuesday, October 20th. Investors of record on Friday, November 6th will be given a dividend of $0.12 per share by the auto parts company on Friday, November 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, November 6th.

Dana has increased its dividend by an average of 0.3% annually over the last three years. Dana has a dividend payout ratio of 26.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Dana to earn $5.48 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 8.8%.

Dana Stock Performance

NYSE:DAN traded down $0.01 during midday trading on Wednesday, reaching $29.18. The stock had a trading volume of 173,167 shares, compared to its average volume of 1,466,337. Dana has a 1-year low of $18.95 and a 1-year high of $39.56. The firm’s fifty day simple moving average is $29.63 and its 200-day simple moving average is $31.01. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.03. The stock has a market capitalization of $3.14 billion, a P/E ratio of 2.90 and a beta of 2.05.

Dana (NYSE:DAN) last released its earnings results on Thursday, August 6th. The auto parts company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.51). The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.93 billion. Dana had a return on equity of 4.07% and a net margin of 14.55%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.13 EPS. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. On average, equities research analysts forecast that Dana will post 1.92 EPS for the current fiscal year.

Dana Company Profile

Dana Incorporated (NYSE: DAN) is a global supplier of drivetrain, motion, and thermal-management technologies for the automotive, commercial-vehicle, and off-highway industries. The company develops systems that help vehicles transmit power, manage heat, and operate efficiently across conventional, hybrid, and electric powertrains.

Dana’s products include axles, driveshafts, gearboxes, transmissions, sealing solutions, thermal-management systems, and components for electrified propulsion.