Terex Corporation Declares $0.17 Quarterly Dividend for Shareholders

Terex Corporation Declares Quarterly Dividend



Terex Corporation, a well-known player in the global industrial equipment manufacturing sector, has made a significant announcement regarding its quarterly dividend. The company's Board of Directors has declared a dividend of $0.17 per share, which is set to be distributed on March 19, 2025. This decision highlights Terex's commitment to providing value to its shareholders and reflects the company's ongoing financial health.

For shareholders to be eligible for this dividend, they must be on record by the close of business on March 7, 2025. This timeline is crucial for shareholders as it allows them to account for the payment before the specified date. The declaration of this dividend is consistent with Terex's strategy to maintain a strong return on investment for its stakeholders while also continuing its investments in growth and innovation.

About Terex Corporation



Founded in the United States, Terex Corporation is a leading manufacturer specializing in materials processing machinery, mobile elevating work platforms (MEWPs), and solutions for waste and recycling. Its extensive product line is widely used across various industries, including construction, energy, and manufacturing, showcasing the company's pivotal role in supporting critical sector operations.

Terex's offerings extend beyond just machinery; the company is deeply committed to sustainability and reducing environmental impact through its innovative products. This includes electric and hybrid equipment that provides low-emission solutions, thus enhancing company performance while adhering to environmental standards. With manufacturing facilities in North America, Europe, and Asia Pacific, Terex boasts a robust global presence, catering to a diverse range of clients worldwide.

In addition to its machinery and equipment, Terex also emphasizes lifecycle support through its global parts and services organization. This dedication to support ensures customers can maximize the value of their investments over time, promoting long-term relationships and customer satisfaction.

Financial Outlook



The decision to maintain and declare dividends amidst fluctuating market conditions speaks volumes about Terex's financial stability and strategic foresight. As the global industrial landscape evolves, having a strong shareholder return strategy, such as dividends, serves to reinforce investor confidence.

As we approach the dividend payment date, investors and stakeholders alike are keen to see how Terex Corporation's ongoing projects and technological advancements will influence their dividends in the future. This declaration is a positive indicator of the company's potential for sustained growth and profitability.

In conclusion, the announcement of the quarterly dividend not only underscores Terex Corporation’s commitment to rewarding its shareholders but also highlights the company's strategic business operations in the global market. As the company continues to innovate and expand its portfolio, it is poised to remain a significant player in the industrial equipment sector.

For more information, shareholders and potential investors are encouraged to visit Terex’s official website or contact the Vice President of Investor Relations, Derek Everitt, for inquiries regarding their latest financial updates and company initiatives.

Topics Financial Services & Investing)

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