Douglas Dynamics declares $0.295 quarterly dividend

Published 05/09/2025, 13:50
Douglas Dynamics declares $0.295 quarterly dividend

MILWAUKEE - Douglas Dynamics, Inc. (NYSE:PLOW), a manufacturer and upfitter of work truck attachments and equipment in North America, announced Friday that its Board of Directors has declared a quarterly cash dividend of $0.295 per share for the third quarter of 2025. The company has maintained dividend payments for 16 consecutive years, with a current annual yield of 3.52%.

The dividend will be paid on September 30, 2025, to stockholders of record as of September 16, 2025, according to a company press release.

Douglas Dynamics manufactures commercial work truck attachments and equipment, with its business divided into two segments. The Work Truck Attachments segment produces commercial snow and ice control equipment under the FISHER, SNOWEX, and WESTERN brands, while the Work Truck Solutions segment provides attachments and storage solutions under the HENDERSON and DEJANA brands.

The company has been operating in the industry for more than 75 years, focusing on innovation and quality production through its proprietary Douglas Dynamics Management System. With a healthy current ratio of 2.11 and P/E ratio of 11.84, the company demonstrates solid financial health. InvestingPro analysis reveals 8 additional key insights about Douglas Dynamics’ performance and outlook.

In other recent news, Douglas Dynamics reported its Q2 2025 earnings, exceeding analysts’ expectations. The company achieved an earnings per share (EPS) of $1.14, surpassing the projected $1.00. Additionally, Douglas Dynamics outperformed on revenue, generating $194.3 million compared to the anticipated $189.47 million. In related developments, DA Davidson raised its price target for Douglas Dynamics to $39.00 from $35.00 while maintaining a Buy rating. This decision followed investor meetings with the company’s management, including CEO Mark Van Genderen and CFO Sarah Lauber, in the Mid-Atlantic region. These updates reflect recent developments concerning Douglas Dynamics.

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