Wabash Announces Quarterly Dividend
May 11 2023 - 4:25PM
Wabash (NYSE:WNC) today announced that its board of directors
declared a regular quarterly dividend of $0.08 per share of the
company’s common stock, payable on July 27, 2023, to stockholders
of record on July 6, 2023.
Wabash: Changing How the World Reaches
You®Wabash (NYSE: WNC) is the visionary leader of
connected solutions for the transportation, logistics and
distribution industries that is Changing How the World Reaches
You®. Headquartered in Lafayette, Indiana, the company enables
customers to thrive by providing insight into tomorrow and
delivering pragmatic solutions today to move everything from first
to final mile. Wabash designs, manufactures, and services a diverse
range of products, including: dry freight and refrigerated
trailers, flatbed trailers, tank trailers, dry and refrigerated
truck bodies, structural composite panels and products, trailer
aerodynamic solutions, and specialty food grade processing
equipment. Learn more at www.onewabash.com.
Safe Harbor StatementThis press
release contains certain forward-looking statements as defined by
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements convey the Company’s current
expectations or forecasts of future events. All statements
contained in this press release other than statements of historical
fact are forward-looking statements. These forward-looking
statements include, among other things, all statements regarding
the Company’s outlook for trailer and truck body shipments,
backlog, expectations regarding demand levels for trailers, truck
bodies, non-trailer equipment and our other diversified product
offerings, pricing, profitability and earnings, cash flow and
liquidity, opportunity to capture higher margin sales, new product
innovations, our growth and diversification strategies, our
expectations for improved financial performance during the course
of the year and our expectations with regards to capital
allocation. These and the Company’s other forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those implied
by the forward-looking statements. Without limitation, these risks
and uncertainties include the highly cyclical nature of our
business, uncertain economic conditions including the possibility
that customer demand may not meet our expectations, our backlog may
not reflect future sales of our products, increased competition,
reliance on certain customers and corporate partnerships, risks of
customer pick-up delays, shortages and costs of raw materials
including the impact of tariffs or other international trade
developments, risks in implementing and sustaining improvements in
the Company’s manufacturing operations and cost containment,
dependence on industry trends and timing, supplier constraints,
labor costs and availability, customer acceptance of and reactions
to pricing changes, costs of indebtedness, and our ability to
execute on our long-term strategic plan. Readers should review and
consider the various disclosures made by the Company in this press
release and in the Company’s reports to its stockholders and
periodic reports on Forms 10-K and 10-Q.
Media Contact: Dana StelselDirector,
Communications(765) 771-5766dana.stelsel@onewabash.com
Investor Relations: Ryan ReedDirector,
Corporate Development & Investor Relations(765)
490-5664ryan.reed@onewabash.com
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