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Spartan Board Declares Dividend

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The Spartan Motors board of directors declared a cash dividend of 5 cents per share of common stock Tuesday (May 12).

The Charlotte, Mich.-based manufacturer of custom chassis, emergency response and delivery and service vehicles reported its semi-annual dividend will be payable on June 25 to shareholders of record at the close of business on May 21. 

“Spartan’s board of directors has declared a semi-annual dividend for more than 20 years,” Spartan CEO Daryl Adams said. “We are pleased to announce this dividend and the confidence in Spartan’s future it represents.”

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