Shareholder Relations

Davey Tree has been employee-owned since 1979, and we are proud to be the 8th largest employee-owned company in the U.S. (2022 NCEO 100). We think our employee-ownership culture is one of the things that make Davey the best place to work.

Please see below for more about Davey employee-ownership and additional shareholder information.

  • For additional news about Davey, visit our Newsroom.
  • To read the 2023 Annual Report, click here.
  • To view the full 2023 third-quarter CEO Quarterly Letter & Financial Data, click here.
Corporate Building

Q1 2024 Dividend Announcement

A first-quarter dividend of $.025 per share was approved by the Board of Directors on December 8, 2023, payable March 10, 2024, to shareholders of record as of March 1, 2024.

Stock Price

Stock Price

Current Stock Price: $22.20

Our independent stock valuation firm, Management Planning, Inc., valued our stock price at $22.20 per share, effective December 31, 2023, which is a 6.7% increase from the mid-year price of $20.80, and a 20.0% increase, or $3.70, over last year’s end price of $18.50.


Pages may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). For this purpose, any statements contained herein that are not statements of historical fact, including without limitation, certain statements under 2018 Financial Review; Risk Management; and Stock Ownership and located elsewhere herein regarding industry outlook, financial performance, anticipated effects of acquisitions, service line performance, plans for capital expenditures, and our results of operations or financial position and liquidity, may be deemed to be forward-looking statements. Without limiting the foregoing, the words “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “target,” and similar expressions are intended to identify forward-looking statements. The important factors discussed in this Annual Report, among others, could cause actual results to differ materially from those indicated by forward-looking statements made herein and presented elsewhere by management from time to time. Such forward-looking statements represent management’s current expectations and are inherently uncertain. Investors are warned that actual results may differ from management’s expectations.

Additionally, various economic and competitive factors could cause actual results to differ materially from those discussed in such forward-looking statements, including, but not limited to, such risks relating to (i) general economic or business conditions affecting the markets we serve; (ii) capital demands; (iii) our ability to attract and retain key managers; (iv) our ability to develop or successfully introduce new services; (v) risks associated with conducting business in foreign countries and currencies; (vi) increased competition in our markets; (vii) our failure to complete or successfully integrate additional strategic acquisitions; (viii) the impact of changes in governmental regulations on our customers or on our business; (ix) the loss of business from a major customer; and (x) our ability to obtain future financing due to changes in the lending markets or our financial position. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by such cautionary statements.

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