Polaris Industries, Inc. (NYSE:PII) has declared its quarterly cash dividend of $0.40. The Board of Directors report that the dividend has increased by 3%, representing its 15th consecutive year of increased dividends. The dividend will be payable to records of shareholders as of the close of the business on February 1, 2010. Stockholders will receive payment on February 16, 2010. For more information, contact Richard Edwards of Polaris Industries, Inc. at 763.542.0500.
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Polaris Industries Inc. (Polaris) designs, engineers and manufactures off-road vehicles (ORV), which includes all-terrain vehicles (ATVs) and side-by-side vehicles for recreational and utility use, snowmobiles and motorcycles, and markets them, together with related replacement parts, garments and accessories (PG&A) through dealers and distributors principally located in the United States, Canada and Europe. Polaris products are sold through a network of 1,500 independent dealers in North America, and through its seven subsidiaries and 43 distributors in approximately 130 countries outside of North America. Polaris sells its snowmobiles directly to dealers in the snowbelt regions of the United States and Canada. Many dealers and distributors of Polaris snowmobiles also distribute Polaris' ATVs. In May 2009, Polaris announced the creation of On-Road Vehicle Division.
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