{"id":424239,"date":"2021-01-28T16:49:07","date_gmt":"2021-01-28T21:49:07","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=424239"},"modified":"2021-01-28T16:49:07","modified_gmt":"2021-01-28T21:49:07","slug":"polaris-declares-increase-in-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/polaris-declares-increase-in-cash-dividend\/","title":{"rendered":"Polaris Declares Increase in Cash Dividend"},"content":{"rendered":"

<\/p>\n

Polaris Declares Increase in Cash Dividend<\/b><\/p>\n

Board of Directors approves a 2% increase in the regular quarterly cash dividend;
\n
<\/i>26th<\/sup> consecutive year of dividend increases<\/i><\/p>\n

MINNEAPOLIS–(BUSINESS WIRE<\/a>)–
\nPolaris Inc. (NYSE:PII) announced today that its Board of Directors approved a 2% percent increase in the regular quarterly cash dividend, raising the payout to $0.63 per share. This increase represents the 26th<\/sup> consecutive year of Polaris increasing its dividend effective with the 2021 first quarter dividend. The first quarter dividend will be payable on March 15, 2021 to shareholders of record at the close of business on March 1, 2021.\n<\/p>\n

\n\u201cOver the last year, the Polaris team once again proved that they are the best in Powersports. Rooted in our unwavering commitment to our customers, we continued to deliver innovative products, while executing on our operational excellence initiatives, to generate more than $1 billion in cash flow in 2020,\u201d commented Mike Speetzen, Polaris\u2019 Interim CEO. \u201cAs we look to 2021, our financial position remains strong, despite the unprecedented times globally. As a result, we are raising our annual dividend for the 26th consecutive year, proudly retaining our status as a Dividend Aristocrat and keeping front and center the priority of delivering consistent capital returns to our shareholders.\u201d\n<\/p>\n

About Polaris <\/b><\/p>\n

\nAs the global leader in Powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. With annual 2020 sales of $7.03 billion, Polaris\u2019 high-quality product line-up includes the Polaris RANGER\u00ae<\/sup>, RZR\u00ae<\/sup> and Polaris GENERAL\u2122 side-by-side off-road vehicles; Sportsman\u00ae<\/sup> all-terrain off-road vehicles; Indian Motorcycle\u00ae<\/sup> mid-size and heavyweight motorcycles; Slingshot\u00ae<\/sup> moto-roadsters; snowmobiles; and deck, cruiser and pontoon boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, garments, and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts. Polaris\u2019 presence in adjacent markets includes military and commercial off-road vehicles, quadricycles, and electric vehicles. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210128006116\/en\/<\/a><\/span><\/p>\n

\nInvestor Contact: Richard Edwards 763-542-0500\n<\/p>\n

\n\u00a0\n<\/p>\n

KEYWORDS:<\/b> United States North America Minnesota<\/p>\n

INDUSTRY KEYWORDS:<\/b> Motor Sports Sports Aftermarket Automotive Automotive Manufacturing Manufacturing Recreational Vehicles Performance & Special Interest Off-Road Trucks & SUVs Motorcycles<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Polaris Declares Increase in Cash Dividend Board of Directors approves a 2% increase in the regular quarterly cash dividend; 26th consecutive year of dividend increases MINNEAPOLIS–(BUSINESS WIRE)– Polaris Inc. (NYSE:PII) announced today that its Board of Directors approved a 2% percent increase in the regular quarterly cash dividend, raising the payout to $0.63 per share. This increase represents the 26th consecutive year of Polaris increasing its dividend effective with the 2021 first quarter dividend. The first quarter dividend will be payable on March 15, 2021 to shareholders of record at the close of business on March 1, 2021. \u201cOver the last year, the Polaris team once again proved that they are the best in Powersports. Rooted in our unwavering commitment … <\/p>\n

Continue reading “Polaris Declares Increase in Cash Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-424239","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPolaris Declares Increase in Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/polaris-declares-increase-in-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polaris Declares Increase in Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Polaris Declares Increase in Cash Dividend Board of Directors approves a 2% increase in the regular quarterly cash dividend; 26th consecutive year of dividend increases MINNEAPOLIS–(BUSINESS WIRE)– Polaris Inc. (NYSE:PII) announced today that its Board of Directors approved a 2% percent increase in the regular quarterly cash dividend, raising the payout to $0.63 per share. This increase represents the 26th consecutive year of Polaris increasing its dividend effective with the 2021 first quarter dividend. The first quarter dividend will be payable on March 15, 2021 to shareholders of record at the close of business on March 1, 2021. \u201cOver the last year, the Polaris team once again proved that they are the best in Powersports. 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