Best Net Payout Yield Companies For 2015

Best Net Payout Yield Companies For 2015: Dana Holding Corporation (DAN)

Dana Holding Corporation engages in the design, manufacture, and supply of driveline products, technologies, and service parts for vehicle manufacturers worldwide. The company operates in four segments: Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Driveline Technologies, and Power Technologies. It provides light axles, driveshafts, engine sealing products, thermal products, and related service parts for light trucks, sport utility vehicles, crossover utility vehicles, vans, and passenger cars. The company also offers axles, driveshafts, chassis and side rails, ride controls and related modules and systems, engine sealing products, thermal products, and related service parts for medium- and heavy-duty trucks, buses, and other commercial vehicles. In addition, it provides axles, driveshafts, suspension components, transmissions, electronic controls, related modules and systems, engine sealing products, thermal products, and related s ervice parts for construction and earth moving machinery; agricultural, mining, forestry, rail, and material handling equipment; and various non-vehicular and industrial applications. Dana Holding Corporation was founded in 1904 and is headquartered in Maumee, Ohio.

Advisors' Opinion:

• [By Rich Duprey]

  Auto components manufacturer Dana Holding (NYSE: DAN  ) announced yesterday its third-quarter dividend of $0.05 per share, the same rate it's paid since it began making a payout last year. The board of directors said the quarterly dividend is payable on Aug. 30 to the holders of record at the close of business on Aug. 9.

• [By Rich Duprey]

  Auto parts supplier Dana Holding (NYSE: DAN  ) announced today it is expanding its share repurchase program to $1 billion, representing a $900 million increase over the $100 million bought back under the previous authorization. Shares wi! ll be bought back over the next two years.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-net-payout-yield-companies-for-2015.html