Modine Manufacturing Co
MODModine Manufacturing Company is an American manufacturer specializing in thermal management solutions. Founded in 1916, the company designs and produces heat transfer equipment, including heat exchangers, air conditioning, heating, and ventilation products for various markets such as industrial, commercial, and transportation sectors.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 5, 2008 | $0.10 | 2008-11-19 | 2008-11-21 |
| September 5, 2008 | $0.10 | 2008-08-20 | 2008-08-22 |
| June 20, 2008 | $0.10 | 2008-06-04 | 2008-06-06 |
| March 3, 2008 | $0.17 | 2008-02-13 | 2008-02-15 |
| December 7, 2007 | $0.17 | 2007-11-19 | 2007-11-22 |
Dividends Summary
- Modine Manufacturing Co has issued 20 dividend payments over the past 4 years
- The most recent dividend was paid 6212 days ago, on December 5, 2008
- The highest dividend payed out to investors during this period was $0.17 per share
- The average dividend paid during this period was $0.16 per share.
Company News
Modine Manufacturing's CEO Neil David Brinker sold 31,871 shares worth approximately $5.1 million through a pre-arranged trading plan, representing about 11.8% of his direct ownership. The company has shown strong performance, with shares gaining 39.4% year-to-date and reporting 12% sales growth in the fiscal second quarter.
General Motors has announced lower prices, increased driving range, and new trim options for the 2025 Silverado EV. The base model Work Truck (WT) will start at $57,095, with the Max Range version offering 492 miles of EPA range for $77,795.
The global automotive charge air cooler market is expected to grow from $2.72 billion in 2023 to $4.98 billion by 2033, driven by the increasing demand for fuel-efficient and emission-free vehicles. The liquid-cooled and diesel-powered segments are expected to lead the market during the forecast period.
Modine (MOD) reachead $98 at the closing of the latest trading day, reflecting a +1.73% change compared to its last close.
Modine Manufacturing is 14% overvalued, and the premium is unjustified. Click here to see why MOD stock is a Sell.
