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Stock Market & Financial Investment News

News Breaks
November 26, 2012
12:01 EDTDWDrew Industries declares special cash dividend of $2.00 per share
Drew Industries announced that its Board of Directors has approved a special cash dividend of $2.00 per share of common stock. The dividend is payable on December 20 to stockholders of record at the close of business on December 10. "This special dividend reflects the Board's confidence in the financial strength of the company, as well as the company's positive long-term outlook," said Fred Zinn, Drew's President and CEO.
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August 1, 2014
07:38 EDTDWDrew Industries reports Q2 adjusted EPS 82c, consensus 85c
Reports Q2 revenue $321.78M, one estimate $318.4M; sales growth was primarily the result of a 15 percent sales increase by Drew's RV Segment, which accounted for 90 percent of consolidated net sales this quarter. RV Segment sales growth was primarily due to a 7 percent and 11 percent increase in industry-wide wholesale shipments of travel trailer and fifth-wheel RVs and motorhome RVs, respectively.

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