NOVI, Mich., Nov. 01, 2022 (GLOBE NEWSWIRE) — The Shyft Group, Inc. (NASDAQ: SHYF) (“Shyft” or the “Company”), the North American chief in specialty automobile manufacturing, meeting, and upfit for the business, retail, and repair specialty automobile markets, right this moment introduced that its Board of Directors approved a money dividend of $0.05 per share of frequent inventory.
The Michigan-based producer reported that its quarterly dividend will probably be payable on December 15, 2022 to shareholders of report as of the shut of business on November 16, 2022.
About The Shyft Group
The Shyft Group is the North American chief in specialty automobile manufacturing, meeting, and upfit for the business, retail, and repair specialty automobile markets. Our prospects embrace first-to-last mile supply corporations throughout vocations, federal, state, and native authorities entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business models: Shyft Fleet Vehicles & Services™ and Shyft Specialty Vehicles™. Today, its household of manufacturers consists of Blue Arc™ EV Solutions, Utilimaster®, Royal Truck Body™, DuraMag® and Magnum®, Strobes-R-Us™, Spartan RV Chassis™, Builtmore Contract Manufacturing™, and corresponding aftermarket provisions. The Shyft Group and its go-to-market manufacturers are well-known of their respective industries for high quality, sturdiness, and first-to-market innovation. The Company employs roughly 3,800 staff and contractors throughout campuses, and operates services in Michigan, Indiana, Maine, Pennsylvania, South Carolina, Florida, Missouri, California, Arizona, Texas, and Saltillo, Mexico. The Company reported gross sales of $992 million in 2021. Learn extra about The Shyft Group at TheShyftGroup.com.
CONTACT:
Randy Wilson
Vice President, Investor Relations and Treasury
Cell: 248.727.3755
Email: [email protected]
