Harley-Davidson, Inc. increases dividend, announces share repurchase authorization
MILWAUKEE (February 5, 2014) - Harley-Davidson, Inc. (NYSE: HOG) announced today that its Board of Directors approved a cash dividend of $0.275 per share for the first quarter of 2014, an increase of 31.0% compared to the fourth-quarter 2013 dividend of $0.21. The dividend is payable March 7, 2014 to the holders of record of the Company's common stock on February 19, 2014.
In other action, the Board authorized the Company to repurchase up to 20 million shares of Harley-Davidson, Inc. common stock. The Board authorization is in addition to existing share repurchase authorizations. As of the end of 2013, 8.6 million shares remained on prior board-approved share repurchase authorizations.
Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services.