MAUMEE, Ohio -- Dana's board of directors has authorized the payment of a dividend to shareholders of 4 percent Series A Convertible Preferred Stock and 4 percent Series B Convertible Preferred Stock.
An aggregate cash payment of $7.9 million, or $1 per share, representing a quarterly dividend for the quarter ended Dec. 31, 2010, will be payable on April 8 to preferred shareholders of record as of the close of business on March 4.
