AMES, Iowa, Sept. 5, 2012 /PRNewswire/ -- Sauer-Danfoss Inc. (NYSE: SHS) today announced that its board of directors has approved a cash dividend of $0.35 per share. The dividend, for the quarter ended September 30, 2012, is payable on October 15, 2012, to stockholders of record as of September 28, 2012. Sauer-Danfoss Inc. is a worldwide leader in the design, manufacture, and sale of engineered hydraulic and electronic systems and components for use primarily in applications of mobile equipment. Sauer-Danfoss, with 2011 revenues of approximately $2.1 billion, has sales, manufacturing, and engineering capabilities in Europe, the Americas, and the Asia-Pacific region. More details online at www.sauer-danfoss.com. SOURCE Sauer-Danfoss Inc.
The ex-dividend date for Sauer-Danfoss (NYSE:SHS) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $33.88 as of 9:30 a.m., the dividend yield is 4%.