The Shyft Group, Inc. has announced that its board of directors authorized a cash dividend of $0.05 per share of common stock.
The Michigan-based manufacturer reported that its quarterly dividend will be payable on Dec. 16, 2024, to shareholders of record as of the close of business on Nov. 15, 2024.
The Shyft Group is a specialty vehicle manufacturer, assembler and upfitter for the commercial, retail and service specialty vehicle markets. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles and Services and Shyft Specialty Vehicles. Its family of brands include Utilimaster, Blue Arc EV Solutions, Royal Truck Body, DuraMag and Magnum, Strobes-R-Us, Spartan RV Chassis, Red Diamond Aftermarket Solutions, Builtmore Contract Manufacturing, and Independent Truck Upfitters.
