Harley-Davidson declares 10 cent dividend

MILWAUKEE, WI – February 11, 2011 – (Motor Sports Newswire) – Harley-Davidson Inc. said Friday its board approved a dividend of 10 cents for the first quarter of 2011.

The dividend is payable March 4 to shareholders as of Feb. 22.

Harley-Davidson Inc. is the parent company of Harley-Davidson Motor Co. and Harley-Davidson Financial Services.

Last month, Harley-Davidson reported a narrower loss for the fourth quarter, helped by a restructuring and a strong performance from the financial services unit. Motorcycle sales remained weak, but executives were optimistic about the current year and planned to increase shipments.