MILWAUKEE, Wis., April 28 /PRNewswire-FirstCall/ -- Harley-Davidson, Inc. announced today that its Board of Directors increased the dividend at the Annual Shareholder Meeting in Milwaukee on April 28, 2007. 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 $0.25 per share for the second quarter of 2007. The dividend is payable June 19, 2007, to shareholders of record as of June 11, 2007. This represents an increase of slightly more than 19% over the previous dividend paid on March 20, 2007.
During the meeting, the shareholders approved the re-election of Barry K. Allen, Richard I. Beattie, and Judson C. Green as Class I Directors. Also, Ernst & Young LLP was ratified as the Company's independent registered public accounting firm for calendar year 2007.
Company Background
Harley-Davidson, Inc. is the parent company for the group of companies doing business as Harley-Davidson Motor Company, Buell Motorcycle Company and Harley-Davidson Financial Services. Harley-Davidson Motor Company, the only major U.S.-based motorcycle manufacturer, produces heavyweight motorcycles and offers a complete line of motorcycle parts, accessories, apparel, and general merchandise. Buell Motorcycle Company produces sport motorcycles. Harley- Davidson Financial Services provides wholesale and retail financing and insurance programs to Harley-Davidson dealers and customers.
Financial Contact: Mark Van Genderen (414) 343-8002
Media Contact: Bob Klein (414) 343-4433