Allison Transmission (ALSN) Declares $0.15 Quarterly Dividend; 1.4% Yield

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Allison Transmission Declares Quarterly Dividend

July 23, 2018 4:05 PM EDT

INDIANAPOLIS--(BUSINESS WIRE)-- Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that its board of directors has declared a cash dividend of $0.15 per share on the companys common stock for the third quarter of 2018. Payment will be made on Aug. 31, to stockholders of record at the close of business on Aug. 20.

The payment of any future dividends will be at the discretion of the board of directors and will be dependent upon Allison Transmissions financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the board of... More