Douglas Dynamics, Inc. (NYSE:PLOW) to Issue Quarterly Dividend of $0.29

Douglas Dynamics, Inc. (NYSE:PLOW) announced a quarterly dividend on Friday, September 4th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.295 per share by the auto parts company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, September 15th.

Douglas Dynamics has raised its dividend payment by an average of 0.0%per year over the last three years. Douglas Dynamics has a dividend payout ratio of 51.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Douglas Dynamics to earn $2.96 per share next year, which means the company should continue to be able to cover its $1.18 annual dividend with an expected future payout ratio of 39.9%.

Douglas Dynamics Stock Up 2.1%

Shares of PLOW traded up $0.86 during mid-day trading on Friday, hitting $42.16. The company’s stock had a trading volume of 159,976 shares, compared to its average volume of 247,485. The company has a current ratio of 2.16, a quick ratio of 1.03 and a debt-to-equity ratio of 0.44. The company’s 50-day moving average is $44.40 and its 200-day moving average is $44.64. Douglas Dynamics has a 52-week low of $28.52 and a 52-week high of $55.00. The firm has a market capitalization of $973.05 million, a price-to-earnings ratio of 19.16, a PEG ratio of 0.91 and a beta of 1.19.

Douglas Dynamics (NYSE:PLOW) last issued its quarterly earnings data on Monday, August 3rd. The auto parts company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.14. The company had revenue of $214.65 million for the quarter, compared to analyst estimates of $219.45 million. Douglas Dynamics had a net margin of 7.52% and a return on equity of 19.03%. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. On average, equities research analysts forecast that Douglas Dynamics will post 2.86 EPS for the current fiscal year.

About Douglas Dynamics

Douglas Dynamics, Inc is a leading designer, manufacturer and distributor of snow and ice removal equipment for commercial, municipal and residential markets. The company’s product portfolio encompasses a wide range of truck-mounted plows, spreaders, salt brine systems and related accessories engineered to perform in challenging winter conditions. Its offerings cater to professional snow contractors, government agencies and retail customers seeking reliable solutions for snow and ice management.

Douglas Dynamics markets its products under several well-known brands, including Fisher Engineering, Western Products, Hiniker Company and Buyers Products.