Allison Transmission (ALSN) Declares $0.15 Quarterly Dividend; 2.1% Yield

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Go back to Allison Transmission (ALSN) Declares $0.15 Quarterly Dividend; 2.1% Yield

Allison Transmission declares quarterly dividend

November 4, 2016 5:14 PM EDT

INDIANAPOLIS, Nov. 4, 2016 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the world's largest manufacturer of commercial-duty fully automatic transmissions, announced today that its board of directors declared a cash dividend of $0.15 per share on the Company's common stock for the fourth quarter of 2016. Payment will be made on Nov. 30, 2016, to stockholders of record at the close of business on Nov. 14, 2016.

The payment of any future dividends will be at the discretion of the board of directors and will be dependent... More