Harley-Davidson raises dividend to 16.50 cents

A previous version of this article gave an incorrect amount for the company’s previous dividend. It has been corrected.

Harley-Davidson Inc.
HOG,
+1.42%
late Friday said its board has authorized a dividend of 16.50 cents a share for the first quarter, from 15.75 cents a share. The dividend is payable March 20 to shareholders of record as of March 3. Shares of Harley-Davidson were flat in the extended session Friday after ending the regular trading day up 1.4%.