Dana Corporation Declares Dividend
Feb 12, 2001
TOLEDO, Ohio, Feb. 12 /PRNewswire/ -- Dana Corporation (NYSE: DCN) today declared a quarterly dividend of 31 cents per share, payable March 15, 2001, to shareholders of record on March 1. (Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) Dana Chairman and CEO Joe Magliochetti said, "We are extremely pleased to continue our long history of dividend payments to our shareholders, as it further reflects the confidence of our Board in the near-term plans and longer term goals of the company. "This marks our 253rd consecutive dividend, dating back to 1936 without a missed or reduced payment," he added. "This is clearly one of the reasons that we believe Dana stock is an attractive long-term investment." Dana Corporation is one of the world's largest suppliers to vehicle manufacturers and their related aftermarkets. Founded in 1904 and based in Toledo, Ohio, the company operates some 320 major facilities in 32 countries and employs approximately 75,000 people. The company reported sales of $13.2 billion in 1999. Dana's Internet address is http://www.dana.com .
SOURCE Dana Corporation
Web Site: http://www.dana.com
Photo Notes: http://www.newscom.com/cgi-bin/prnh/19990903/DANA
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