Dana Incorporated (NYSE:DAN) Shares to Pay Quarterly Dividend of $0.12

Dana Incorporated (NYSE:DAN) announced a quarterly dividend on Tuesday, October 20th. Stockholders 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 dividend on an annualized basis 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% per year over the last three years. Dana has a 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 Price Performance

Shares of DAN stock traded up $0.07 during trading on Wednesday, hitting $29.26. The company had a trading volume of 217,278 shares, compared to its average volume of 1,466,450. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.03 and a current ratio of 1.49. The firm has a market capitalization of $3.15 billion, a P/E ratio of 2.91 and a beta of 2.05. The stock’s 50-day moving average price is $29.63 and its 200 day moving average price is $31.01. Dana has a one year low of $18.95 and a one year high of $39.56.

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