MILWAUKEE, April 26 /PRNewswire-FirstCall/ -- Harley-Davidson, Inc. announced today that its Board of Directors increased the dividend at the Annual Shareholder Meeting in Milwaukee on April 26, 2008. All items of business presented to shareholders were approved at the meeting.
The Board of Directors of Harley-Davidson, Inc. approved a cash dividend of $0.33 per share for the second quarter of 2008. The dividend is payable June 20, 2008, to shareholders of record as of June 5, 2008. This represents an increase of 10% over the previous dividend paid on March 18, 2008.
During the meeting, the shareholders approved the re-election of George H. Conrades, Sara L. Levinson, George L. Miles, Jr., and Jochen Zeitz as Class II Directors. Also, Ernst & Young LLP was ratified as the Company's independent registered public accounting firm for calendar year 2008.
Company Background
Harley-Davidson, Inc. is the parent company for the group of companies doing business as Harley-Davidson Motor Company (HDMC), Buell Motorcycle Company (Buell) and Harley-Davidson Financial Services (HDFS). Harley-Davidson Motor Company produces heavyweight motorcycles and offers a line of motorcycle parts, accessories, general merchandise and related services. HDMC manufactures five families of motorcycles: Touring, Dyna(R), Softail (R), Sportster (R) and VRSC(TM). Buell produces premium sport performance motorcycles and offers a line of motorcycle parts, accessories, and apparel. HDFS provides wholesale and retail financing and insurance programs primarily to Harley-Davidson and Buell dealers and customers.
