Douglas Dynamics, Inc. (PLOW) to Issue Quarterly Dividend of $0.29 on September 30th

Douglas Dynamics, Inc. (NYSE:PLOW) declared a quarterly dividend on Friday, September 4th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.295 per share by the auto parts company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Douglas Dynamics has increased 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% meaning its dividend is sufficiently covered by earnings. Research analysts expect Douglas Dynamics to earn $2.96 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 39.9%.

Douglas Dynamics Stock Down 0.8%

Douglas Dynamics stock opened at $40.21 on Friday. Douglas Dynamics has a fifty-two week low of $28.52 and a fifty-two week high of $55.00. The firm has a market capitalization of $928.05 million, a price-to-earnings ratio of 18.28, a price-to-earnings-growth ratio of 0.88 and a beta of 1.19. The stock’s fifty day moving average is $43.05 and its two-hundred day moving average is $44.58. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.03 and a current ratio of 2.16.

Douglas Dynamics (NYSE:PLOW) last issued its quarterly earnings data on Monday, August 3rd. The auto parts company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.14. Douglas Dynamics had a net margin of 7.52% and a return on equity of 19.03%. The firm had revenue of $214.65 million for the quarter, compared to analysts’ expectations of $219.45 million. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Analysts predict that Douglas Dynamics will post 2.86 EPS for the current fiscal year.

About Douglas Dynamics

Douglas Dynamics, Inc is a Milwaukee, Wisconsin-based manufacturer of equipment and solutions for snow and ice management and commercial work trucks. The company serves contractors, municipalities, government agencies and other commercial customers that rely on specialized equipment to maintain roads, parking lots and other properties.

Its product portfolio includes snowplows, tailgate and hopper spreaders, liquid deicing systems, underbody scrapers and related truck-mounted attachments.