Polaris Industries (PII) will raise its quarterly dividend by 13.5 percent to $0.42 per share in 2013. In 2012 Polaris hiked its dividend by a whopping 64.4 percent from $0.225 to $0.37 per share quarterly.
Polaris Industries Inc. manufactures off-road vehicles, snowmobiles, motorcycles and global adjacent markets vehicles. Its brands include RZR, Indian Motorcycle and Slingshot. Polaris enhances the riding experience with parts, garments and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts. Polaris’ presence in adjacent markets globally includes military and commercial off-road vehicles, quadricycles, and electric vehicles.