October 29, 2010 (FinancialWire) (http://www.financialwire.net/) — Spartan Motors, Inc. (NASDAQ: SPAR) said that its board of directors has declared its semi-annual cash dividend of $0.05 per share of common stock.

The firm reported the its semi-annual dividend will be payable on December 9 to shareholders of record at the close of business on November 11.  

Michigan-based Spartan Motors designs, engineers and manufactures specialty chassis, specialty vehicles and truck bodies and aftermarket parts for the outdoor recreation/RV, emergency-response, defense, delivery and service markets.

The company employs around 1,600 at facilities in Michigan, Pennsylvania, South Dakota, Indiana and Texas. Spartan reported sales of $430 million in 2009.

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