Notable News Spotlight: Dana Incorporated (NYSE: DAN) announces a dividend

Notable News Spotlight: Dana Incorporated (NYSE: DAN) announces a dividend

Dana Incorporated (NYSE: DAN) spotted trading -11.98% off 52-week high price. On the other end, the stock has been noted 51.68% away from the low price over the last 52-weeks. The stock changed -1.13% to recent value of $19.18. The stock transacted 3600833 shares during most recent day however it has an average volume of 1720.12K shares. The company has 143.9M of outstanding shares and 143.1M shares were floated in the market.

On July 30, 2019, Dana Incorporated (NYSE: DAN) announced that its board of directors has declared a dividend on its common stock.

The board declared a quarterly dividend of $0.10 per share, payable Sept. 6, 2019, to holders of Dana common stock as of Aug. 16.

About Dana Incorporated

Dana is a world leader in providing power-conveyance and energy-management solutions for vehicles and machinery.  The company’s portfolio improves the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment.  From axles, driveshafts, and transmissions to electrodynamic, thermal, sealing, and digital solutions, the company enables the propulsion of conventional, hybrid, and electric-powered vehicles by supplying nearly every vehicle and engine manufacturer in the world.  Founded in 1904, Dana employs more than 36,000 people who are committed to delivering long-term value to customers.  Based in Maumee, Ohio, USA, and with locations in 33 countries across six continents, the company reported sales of $8.1 billion in 2018.  Having established a dynamic, high-performance culture, the company has been recognized globally as a top employer, with significant honors in Asia, India, Italy, Mexico, and the United States.

Its earnings per share (EPS) expected to touch remained 47.10% for this year while earning per share for the next 5-years is expected to reach at 8.23%. DAN has a gross margin of 14.10% and an operating margin of 6.70% while its profit margin remained 5.10% for the last 12 months.

According to the most recent quarter its current ratio was 1.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of 1.41% from the mean of 20 days, 9.39% from mean of 50 days SMA and performed 12.52% from mean of 200 days price. Company’s performance for the week was -1.94%, -3.81% for month and YTD performance remained 40.72%.

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Jeffery Knight

Jeffery Knight earned bachelor degree from College with a focus in Business Administration. He is the Senior Editor for Surveypaid.info and Financial section. He also holds an MBA from Michigan State University He has one daughter and one son. Jeffery joined the Surveypaid.info, after more than 15 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. Address: 44069 Wayne Street, Dowagiac, Michigan (MI) 49047, USA Phone Number: 701-271-5710 Email: Jeffery@surveypaid.info 

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