CHICAGO, Sept. 11 /PRNewswire-FirstCall/ -- Sauer-Danfoss Inc. today announced that its board of directors has declared a cash dividend of $0.18 per share for the quarter ended September 30, 2008. The dividend is payable on October 15, 2008, to stockholders of record at the close of business on September 26, 2008.
This is the 42nd consecutive quarterly dividend paid by the Company since its initial public offering in May of 1998.
About Sauer-Danfoss
Sauer-Danfoss Inc. is a worldwide leader in the design, manufacture, and sale of engineered hydraulic, electric and electronic systems and components, for use primarily in applications of mobile equipment. Sauer-Danfoss, with 9,800 employees worldwide and revenue of approximately $2.0 billion, has sales, manufacturing, and engineering capabilities in Europe, the Americas, and the Asia-Pacific region. The Company's executive offices are located near Chicago in Lincolnshire, Illinois. More details online at http://www.sauer-danfoss.com/.