Dana Incorporated (NYSE:DAN) Shares Will 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 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, November 6th.

Dana has raised its dividend payment by an average of 0.3% per year over the last three years. Dana has a dividend payout ratio of 26.1% meaning its dividend is sufficiently covered by earnings. Equities research 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 traded down $0.01 during mid-day trading on Wednesday, reaching $29.18. The company had a trading volume of 173,167 shares, compared to its average volume of 1,466,337. Dana has a twelve month low of $18.95 and a twelve month high of $39.56. 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 company’s 50-day moving average is $29.63 and its 200-day moving average is $31.01. The company 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 posted its earnings results on Thursday, August 6th. The auto parts company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.51). The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.93 billion. Dana had a return on equity of 4.07% and a net margin of 14.55%. Dana’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.13 EPS. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. On average, equities analysts anticipate that Dana will post 1.92 EPS for the current year.

About Dana

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.