Dana to Pay Dividends on Common, Series B Convertible Preferred Stock - San Diego, California News Station - KFMB Channel 8 - cbs8.com

Dana to Pay Dividends on Common, Series B Convertible Preferred Stock

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SOURCE Dana Holding Corporation

MAUMEE, Ohio, Feb. 26, 2014 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN) announced today that its Board of Directors has declared a dividend on its common and Series B convertible preferred stock for the quarter ended Dec. 31, 2013.  

The Board declared a quarterly dividend of $0.05 per share, payable April 4 to holders of Dana common stock as of March 14.

Dana's Board also authorized the payment of a dividend to shareholders of 4.0 percent Series B Convertible Preferred Stock.  A cash payment of $1.00 per share representing a quarterly dividend will be payable March 28 to preferred shareholders of record as of March 7.

About Dana Holding Corporation
Dana is a global leader in the supply of highly engineered driveline, sealing, and thermal-management technologies that improve the efficiency and performance of vehicles with both conventional and alternative-energy powertrains.  Serving three primary markets – passenger vehicle, commercial truck, and off-highway equipment – Dana provides the world's original-equipment manufacturers and the aftermarket with local product and service support through a network of nearly 100 engineering, manufacturing, and distribution facilities.  Founded in 1904 and based in Maumee, Ohio, the company employs 23,000 people in 26 countries on six continents.  In 2013, Dana generated sales of $6.8 billion.  For more information, visit dana.com.

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