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
- Consistent Payer: Modine Manufacturing Co has rewarded shareholders with 20 dividend payments over the past 4 years.
- Total Returned Value: Investors who held MOD shares during this period received a total of $3.17 per share in dividend income.
- Latest Payout: The most recent dividend of $0.10/share was paid 6434 days ago, on December 5, 2008.
- Yield & Schedule: MOD currently pays dividends quarterly with an annual yield of 0.21%.
- Dividend Growth: Since 2004, the dividend payout has decreased by 27.3%, from $0.14 to $0.10.
Company News
The data center direct-to-chip cooling market is expected to grow from $3.33 billion in 2026 to $17.31 billion by 2032, driven by increasing demand for thermal management in AI and hyperscale computing. Single-phase systems and water-glycol coolants dominate the market, with hyperscale data centers leading adoption due to energy efficiency and su...
Modine Manufacturing announced a major $4 billion deal with a hyperscale data center customer for cooling solutions spanning 2027-2029, including a $165 million upfront payment. The deal, representing approximately $1.3 billion in annual revenue starting 2027, significantly exceeds the company's 2025 data center sales of $700 million. With a plan...
US equities rallied post-Memorial Day with strong AI and small-cap leadership, as de-escalation hopes in the US-Iran conflict drove oil prices lower. Micron Technology surged 18% to cross $1 trillion market cap on a UBS price target hike, while quantum computing and space stocks rallied on government funding and SpaceX IPO anticipation. The Nasda...
As memory stocks like Micron and SanDisk have already surged dramatically, investors are shifting focus to liquid cooling infrastructure for AI data centers. With AI factories scaling to gigawatt levels and thermal management accounting for $55-82.5 billion of the U.S. market through 2030, companies providing cooling solutions, heat exchangers, a...
With oil prices surging past $100 due to Middle East tensions and the Fed holding rates steady, AI investors should shift focus from speculative growth stocks to physical infrastructure plays. The article recommends prioritizing companies with contracted capacity, zero debt, and physical assets over software-dependent or highly leveraged position...
