AMES, Iowa, June 6, 2012 /PRNewswire/ --Sauer-Danfoss Inc. (NYSE: SHS) today announced that its board of directors has approved a cash dividend of $0.35 per share. The dividend, for the quarter ended June 30, 2012, is payable on July 16, 2012, to stockholders of record as of June 29, 2012.
Sauer-Danfoss had announced the reinstatement of its quarterly cash dividends last quarter, after suspending dividend payments in 2009 in response to the recession.
Sauer-Danfoss Inc. is a worldwide leader in the design, manufacture, and sale of engineered hydraulic and electronic systems and components for use primarily in applications of mobile equipment. Sauer-Danfoss, with 2011 revenues of approximately $2.1 billion, has sales, manufacturing, and engineering capabilities in Europe, the Americas, and the Asia-Pacific region.
More details online at www.sauer-danfoss.com.
SOURCE Sauer-Danfoss Inc.