Enerpac Tool Group Declares Annual Cash Dividend for Shareholders
Enerpac Tool Group Announces Annual Dividend Distribution
The recently declared cash dividend by Enerpac Tool Group Corp. reflects its ongoing commitment to providing value to its shareholders. In a recent announcement, the firm's Board of Directors revealed a cash dividend of $0.04 for each share of its Class A common stock. This payment, designed to reward shareholders, demonstrates Enerpac's sustained performance in the industrial tools sector.
Dividend Details and Timeline
Shareholders can look forward to the dividend being paid on a designated date, highlighting a moment of return for their investments. The payment is scheduled for October, with eligibility based on shareholder status as of early October. This proactive approach aligns with Enerpac’s strategy of maintaining shareholder satisfaction while navigating the complex demands of its marketplace.
About Enerpac Tool Group
Enerpac Tool Group Corp. stands out as a leading provider in the industrial tools segment, offering a wide array of products and services tailored for various sectors. With operations extending to over 100 countries, Enerpac serves clients engaged in critical projects where reliability and precision are paramount.
Global Impact and Innovation
Founded in 1910, Enerpac has built a robust reputation for delivering high-pressure hydraulic tools and controlled force products. Their technology ensures safe execution of tasks that involve substantial loads and complex operations. Clients can depend on Enerpac’s innovative solutions to facilitate even the most challenging of jobs.
Commitment to Safety and Efficiency
The company’s tools are expertly designed to meet the rigorous demands of industrial applications. With a focus on safety and efficiency, Enerpac empowers its customers, enabling them to execute projects that might otherwise pose significant hazards. Their dedication to innovation positions them at the forefront of the industrial tool sector.
Contacting Enerpac Tool Group
For inquiries or more information regarding their tools and solutions, Enerpac Tool Group encourages direct communication with their dedicated team. Travis Williams, Senior Director of Investor Relations, is accessible for discussions and can provide further insights into what the company has to offer.
Frequently Asked Questions
What is the announced dividend amount per share?
The announced annual dividend is set at $0.04 per common share.
When is the dividend payment scheduled?
The dividend payment is scheduled for October, with a record date for shareholders set shortly before that.
Where is Enerpac Tool Group headquartered?
Enerpac Tool Group is headquartered in Milwaukee, Wisconsin.
In how many countries does Enerpac operate?
The company provides its services in more than 100 countries worldwide.
Who can I contact for more information about Enerpac?
For more information, you can contact Travis Williams at 262.293.1913, Enerpac's Senior Director of Investor Relations.
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