Douglas Dynamics Declares Quarterly Dividend of $0.295 Per Share

Douglas Dynamics (PLOW) has declared a quarterly dividend of $0.295 per share, consistent with its previous payout. The forward yield is currently estimated at 2.86%. The dividend will be payable on September 30 to shareholders of record as of September 15, with the ex-dividend date also set for September 15. The company has raised its full-year adjusted earnings per share (EPS) forecast for fiscal year 2026 to a range of $2.90 to $3.40 and increased its net sales outlook to between $765 million and $805 million, citing strong municipal demand and dealer restocking efforts. Despite the positive guidance on earnings and sales, Douglas Dynamics' stock declined following Q2 revenue that missed estimates.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Douglas Dynamics Declares Quarterly Dividend of $0.295 Per Share

Topics: dividends earnings guidance sales outlook

Read the full article at Seeking Alpha

More World news