Allison Transmission (ALSN) Declares $0.15 Quarterly Dividend, Approves $500M Buyback

Allison Transmission (NYSE: ALSN) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on November 30, 2017, to stockholders of record on November 20, 2017, with an ex-dividend date of November 17, 2017.

The annual yield on the dividend is 1.4 percent.

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its board of directors approved a new authorization under the Company's current stock repurchase program for the repurchase of up to an additional $500 million of the Company's outstanding common stock. The new authorization brings the total amount authorized under the program to $1.5 billion. The Company anticipates repurchasing its common stock under the stock repurchase program from time to time through Dec. 31, 2019.

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

You May Also Be Interested In

• KB Home (KBH) Announces $1B Share Buyback, Raises Dividend
• Mondi Says It Does Not Intend To Make An Offer For DS Smith
• Qualcomm (QCOM) Raises Quarterly Dividend 6.2% to $0.85; 2% Yield