CHARLOTTE, Mich.– Spartan Motors, a leader in specialty chassis and vehicle design, manufacturing and assembly, has announced that its Board of Directors declared a cash dividend of $0.05 per share of common stock.
The Charlotte, Michigan-based manufacturer of custom chassis, emergency response, and delivery and service vehicles, reported that its semi-annual dividend will be payable on or before December 15, to shareholders of record at the close of business on November 15.
“On behalf of Spartan Motors’ Board of Directors, I am pleased to announce the declaration of this semi-annual dividend – a practice we have been proud to continue since 1993,” said Daryl Adams, CEO of Spartan Motors. “This commitment reflects the board’s confidence in Spartan’s long-term strategic objectives driven by sales growth and operational performance.”
Source: Spartan Motors press release