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 6258 days ago, on December 5, 2008.
- Yield & Schedule: MOD currently pays dividends quarterly with an annual yield of 0.32%.
- Dividend Growth: Since 2004, the dividend payout has decreased by 27.3%, from $0.14 to $0.10.
Company News
The data center liquid immersion cooling market is experiencing rapid expansion, growing from $2.63 billion in 2024 to $3.3 billion in 2025 (25.4% CAGR), with projections reaching $8.38 billion by 2029. Growth is driven by increased cloud adoption, high-density computing needs, and AI applications, though supply chain disruptions from trade tensi...
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.
Modine Manufacturing's stock rose after two analysts issued bullish recommendations, highlighting the company's strong position in thermal management solutions, particularly for data center cooling systems driven by AI infrastructure investments.
Portolan Capital increased its stake in Cellebrite by 1.4 million shares in Q3 2025, making it their 10th-largest holding. The investment firm appears confident in Cellebrite's digital intelligence solutions and potential for growth.
Modine Manufacturing reported Q1 FY2026 results with missed revenue expectations but raised full-year guidance, driven by strong data center cooling demand and strategic focus on high-growth segments.
