Allison Transmission (ALSN) Declares $0.15 Quarterly Dividend; 2.6% Yield

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Allison Transmission declares quarterly dividend

February 18, 2016 4:05 PM EST

INDIANAPOLIS, Feb. 18, 2016 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today announced that its board of directors has declared a cash dividend of $0.15 per share on the company's common stock for the first quarter of 2016. Payment will be made on March 11, to stockholders of record at the close of business on Feb. 29.

The payment of any future dividends will be at the discretion of the board of directors and will be dependent upon Allison Transmission's financial position, results of... More