Allison Transmission (ALSN) Declares $0.15 Quarterly Dividend; 1.6% Yield

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Allison Transmission Declares Quarterly Dividend and Announces 2017 Annual Stockholders' Meeting and Record Date

February 23, 2017 4:31 PM EST

INDIANAPOLIS, Feb. 23, 2017 /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 2017. Payment will be made on March 15, 2017, to stockholders of record at the close of business on March 6, 2017.

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... More