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    The Shyft Group Announces Quarterly Dividend

    10/30/24 4:15:00 PM ET
    $SHYF
    Auto Manufacturing
    Consumer Discretionary
    Get the next $SHYF alert in real time by email

    NOVI, Mich., Oct. 30, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ:SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors authorized a cash dividend of $0.05 per share of common stock. 

    Shyft Group (PRNewsfoto/The Shyft Group, Inc.)

    The Michigan-based manufacturer reported that its quarterly dividend will be payable on December 16, 2024 to shareholders of record as of the close of business on November 15, 2024. 

    About The Shyft Group

    The Shyft Group is the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets. Our customers include first-to-last mile delivery companies across vocations, federal, state, and local government entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles and Services™ and Shyft Specialty Vehicles™. Today, 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. The Shyft Group and its go-to-market brands are well known in their respective industries for quality, durability, and first-to-market innovation. The Company employs approximately 3,000 employees and contractors across campuses, and operates facilities in Arizona, California, Florida, Indiana, Iowa, Maine, Michigan, Missouri, Pennsylvania, Tennessee, Texas, and Saltillo, Mexico. The Company reported sales of $872 million in 2023. Learn more at TheShyftGroup.com. 

    CONTACT: 

    MEDIA

    Sydney Machesky

    Director, Corporate Communications

    [email protected]

    586.413.4112

    INVESTORS

    Randy Wilson

    Vice President, Investor Relations and Treasury

    [email protected]

    248.727.3755

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-shyft-group-announces-quarterly-dividend-302291825.html

    SOURCE The Shyft Group, Inc.

    Get the next $SHYF alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Q&A

    New
    • What was the cash dividend announced by The Shyft Group?

      The Shyft Group, Inc. declared a cash dividend of $0.05 per share.

    • When will the quarterly dividend be payable?

      The quarterly dividend will be payable on December 16, 2024.

    • What is the record date for shareholders to receive the dividend?

      Shareholders must be on record as of November 15, 2024 to receive the dividend.

    • What were The Shyft Group's sales figures for the year 2023?

      The Shyft Group reported total sales of $872 million in 2023.

    • What market does The Shyft Group operate in?

      The Shyft Group is significant in specialty vehicle manufacturing for commercial, retail, and service markets across the North American region.

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