Allison Transmission (ALSN) Raises Quarterly Dividend 8% to $0.27; Approves Additional $1B Buyback

Allison Transmission (NYSE: ALSN) declared a quarterly dividend of $0.27 per share, or $1.08 annualized. This is an 8% increase from the prior dividend of $0.25.

The dividend will be payable on March 14, 2025, to stockholders of record on March 3, 2025, with an ex-dividend date of February 28, 2025.

The annual yield on the dividend is 1.1 percent.

The Company also announced that its Board of Directors has approved a new authorization under the Company's current stock repurchase program for the repurchase of up to an additional $1 billion. The new authorization brings the total amount authorized under the program to $5 billion.

For a dividend history and other dividend-related data on Allison Transmission (ALSN) click here.

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