Dana Announces Payment of Dividend on Preferred Stock
MAUMEE, Ohio, July 26, 2012 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN) announced that its Board of Directors has authorized the payment of a dividend to shareholders of 4.0 percent Series A Convertible Preferred Stock and 4.0 percent Series B Convertible Preferred Stock.
A cash payment of $1.00 per share representing a quarterly dividend for the quarter ended June 30, will be payable on August 24, 2012, to preferred shareholders of record as of the close of business on August 3, 2012.
About Dana Holding Corporation
Dana is a world-leading supplier of driveline, sealing, and thermal-management technologies that improve the efficiency and performance of passenger, commercial, and off-highway vehicles with both conventional and alternative-energy powertrains. The company's global network of engineering, manufacturing, and distribution facilities provides original-equipment and aftermarket customers with local product and service support. Based in Maumee, Ohio, Dana employs approximately 25,500 people in 27 countries and reported 2011 sales of $7.6 billion. For more information, please visit www.dana.com.
SOURCE Dana Holding Corporation