Dana Incorporated has announced its latest dividend details, with an ex-dividend date set for Aug 8, 2025, and a dividend payment of $0.100 per share scheduled for Aug 29, 2025. The announcement was made on Jul 23, 2025. This dividend represents an increase compared to the average of the last ten dividends, which stood at $0.079 per share. The company previously issued a dividend on May 30, 2025, at the same rate of $0.100 per share. Both instances of dividend distribution are in the form of cash dividends.
Recently,
reported strong financial results for the second quarter of 2025, with sales reaching $1.9 billion from continuing operations. Despite missing Wall Street's sales target of $2.53 billion, the company raised its full-year forecast due to significant cost savings and a strategic business sale. Dana’s adjusted EBITDA rose to $145 million, bolstered by $59 million in cost reductions. The firm also announced a $250 million share buyback as part of a $1 billion capital return plan and is selling its Off-Highway business to focus on light and commercial vehicles. Consequently,
now anticipates full-year sales between $7.25 and $7.55 billion, with adjusted EBITDA potentially reaching $610 million and free cash flow up to $325 million in 2025.
As of late, analysts have shown optimism towards Dana’s strategic moves, even after missing its sales targets. The company's resilience in upgrading its full-year forecast is seen positively, with a median 12-month price target significantly higher than the current share price. Dana's stock trades at nine times projected earnings, a decrease from ten times last quarter, highlighting its appeal compared to peers in the auto parts sector. The firm's sharpened focus on efficiency and specialization aligns with broader industry trends, ensuring shareholders remain supportive despite challenges like inflation and tariffs.
In conclusion, Dana Incorporated's strategic initiatives and robust financial performance are paving the way for future growth. Investors should note that Aug 8, 2025, marks the ex-dividend date, indicating the last opportunity to purchase Dana's stock and qualify for the upcoming dividend payout. Any acquisitions after this date will not be eligible for the dividend distribution.
Comments
No comments yet