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Report for: SPAR
CHARLOTTE, Mich., May 4, 2016 /PRNewswire/ — Spartan Motors, Inc. (SPAR) today announced that its Board of Directors has 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 its semi-annual dividend will be payable on June 23, 2016 to shareholders of record at the close of business on May 19, 2016.
“This year marks the 23rd consecutive year that Spartan’s Board of Directors has declared a semi-annual dividend. We are pleased to announce this dividend and the confidence in Spartan’s future it represents,” said Daryl Adams, Chief Executive Officer of Spartan Motors.
About Spartan Motors
Spartan Motors, Inc. is a leading designer, engineer, manufacturer and marketer of a broad range of specialty vehicles, specialty chassis, vehicle bodies and parts for the fleet and delivery, recreational vehicle (RV), emergency response, defense forces and contract assembly (light/medium duty truck: Class 3, 4 and 5) markets. The Company’s brand names – Spartan Motors, Spartan Specialty Vehicles, Spartan Emergency Response, Spartan Parts and Accessories, and Utilimaster®, a Spartan Motors Company – are known for quality, durability, performance, customer service and first-to-market innovation. The Company employs approximately 1,700 associates at facilities in Michigan, Pennsylvania, South Dakota and Indiana. Spartan reported sales of $550 million in 2015. Visit Spartan Motors at www.spartanmotors.com.
Broad street alerts has not been compensated for the mention of any publicly traded companies in this article nor do we own positions in any of the companies in this article.
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