Tower International Increases Dividend by 10%

LIVONIA, Mich., Oct. 21, 2016 /PRNewswire/ -- The Board of Directors of Tower International, Inc. [NYSE: TOWR], a leading integrated global manufacturer of engineered automotive structural metal components and assemblies, today declared a regular quarterly dividend of 11 cents per share on the Company's common stock, payable December 9, 2016 to shareholders of record on November 10, 2016.

"This dividend increase reflects our confidence in Tower's cash flow and earnings prospects," said CEO Mark Malcolm.  

Contact:Derek FiebigExecutive Director, Investor & External Relations(248) 675-6457[email protected]

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SOURCE Tower International, Inc.