The JLG board of directors has increased the company’s quarterly dividend rate to $.01 per common share and announced a two-for-one stock split. The cash dividend is payable on March 20 to shareholders of record at the close of business on March 6. The stock split shares will be distributed on March 27 to shareholders of record on March 13.
“As JLG continues to grow and deliver improved results, today’s announcement reflects the board’s confidence in our ability to execute our strategic plan,” said Bill Lasky, chairman, president and chief executive of JLG.
