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Harley-Davidson: Shareholder Meeting Results in Dividend Increase

Posted by Edward Dy on April 26th, 2008

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Creative Commons License Photo Credit: mst7022

Harley-Davidson, Inc. (NYSE: HOG) Board of Directors has approved a cash dividend increase of $0.33 per share for the second quarter of 2008, at the Annual Shareholder Meeting in Milwaukee, April 26, 2008, the company said.

All items of business presented to shareholders were approved at the meeting. The dividend is payable June 20, 2008, to shareholders of record as of June 5, 2008, representing a 10 percent increase over the previous dividend paid 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.

Based in Milwaukee, 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.

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