Douglas Dynamics, Inc. (NYSE:PLOW) Announces $0.30 Quarterly Dividend

Douglas Dynamics, Inc. (NYSE:PLOWGet Free Report) declared a quarterly dividend on Monday, February 23rd. Investors of record on Tuesday, March 17th will be paid a dividend of 0.295 per share by the auto parts company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, March 17th.

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% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Douglas Dynamics to earn $1.64 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 72.0%.

Douglas Dynamics Trading Up 7.0%

NYSE:PLOW traded up $2.98 during mid-day trading on Tuesday, hitting $45.62. 77,358 shares of the company’s stock were exchanged, compared to its average volume of 195,513. Douglas Dynamics has a fifty-two week low of $21.30 and a fifty-two week high of $45.57. The company has a current ratio of 2.01, a quick ratio of 1.09 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $1.05 billion, a P/E ratio of 25.79, a PEG ratio of 1.43 and a beta of 1.26. The company has a 50 day simple moving average of $37.07 and a 200-day simple moving average of $33.66.

Douglas Dynamics (NYSE:PLOWGet Free Report) last released its quarterly earnings results on Monday, February 23rd. The auto parts company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.06. The firm had revenue of $184.54 million during the quarter, compared to the consensus estimate of $169.95 million. Douglas Dynamics had a net margin of 6.82% and a return on equity of 16.18%. Douglas Dynamics has set its FY 2026 guidance at 2.250-2.850 EPS. As a group, research analysts expect that Douglas Dynamics will post 1.3 earnings per share for the current year.

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Douglas Dynamics Company Profile

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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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Dividend History for Douglas Dynamics (NYSE:PLOW)

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