31% Increase Since Start of
2023
NORWALK,
Conn., July 11, 2023 /PRNewswire/ -- Terex
Corporation (NYSE: TEX) announced that its Board of Directors
declared a quarterly dividend increase of 13% to $0.17 per share. "We are pleased to provide a
second dividend increase to our shareholders this year after
announcing a 15% increase in February bringing the total dividend
increase to 31%. This latest increase reflects our continued
confidence in the Company's strong financial position and future
growth prospects," said Terex Chairman and Chief Executive Officer
John L. Garrison, Jr.
The dividend is to be paid on September
19, 2023 to all stockholders of record as of the close of
business on August 14, 2023.
About Terex
Terex Corporation is a global manufacturer
of materials processing machinery and aerial work platforms. We
design, build and support products used in construction,
maintenance, manufacturing, energy, recycling, minerals and
materials management applications. Certain Terex products and
solutions enable customers to reduce their impact on the
environment including electric and hybrid offerings that deliver
quiet and emission-free performance, products that support
renewable energy, and products that aid in the recovery of useful
materials from various types of waste. Our products are
manufactured in North America,
Europe, Australia and Asia and sold worldwide. We engage with
customers through all stages of the product life cycle, from
initial specification to parts and service support.
Contact Information
Paretosh Misra
Head of Investor Relations
Phone: 203-604-3977
Email: paretosh.misra@terex.com
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SOURCE Terex Corporation