Douglas Dynamics, Inc. (NYSE:PLOW – Get Free Report) announced a quarterly dividend on Friday, June 5th. Stockholders of record on Tuesday, June 16th will be paid a dividend of 0.295 per share by the auto parts company on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, June 16th.
Douglas Dynamics has raised its dividend payment by an average of 0.0%per year over the last three years. Douglas Dynamics has a dividend payout ratio of 51.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Douglas Dynamics to earn $2.99 per share next year, which means the company should continue to be able to cover its $1.18 annual dividend with an expected future payout ratio of 39.5%.
Douglas Dynamics Price Performance
Shares of PLOW stock opened at $44.37 on Friday. The stock’s fifty day moving average is $44.69 and its 200-day moving average is $39.95. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.77 and a current ratio of 2.65. The stock has a market capitalization of $1.03 billion, a PE ratio of 19.99, a PEG ratio of 0.92 and a beta of 1.21. Douglas Dynamics has a 52 week low of $27.54 and a 52 week high of $52.33.
Douglas Dynamics Company Profile
Douglas Dynamics, Inc is a leading designer, manufacturer and distributor of snow and ice removal equipment for commercial, municipal and residential markets. The company’s product portfolio encompasses a wide range of truck-mounted plows, spreaders, salt brine systems and related accessories engineered to perform in challenging winter conditions. Its offerings cater to professional snow contractors, government agencies and retail customers seeking reliable solutions for snow and ice management.
Douglas Dynamics markets its products under several well-known brands, including Fisher Engineering, Western Products, Hiniker Company and Buyers Products.
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