Allison Transmission (ALSN) Raises Quarterly Dividend 13.3% to $0.17; 1.6% Yield

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Allison Transmission Increases Quarterly Dividend and Announces Annual Stockholders Meeting and Record Date

February 26, 2020 4:05 PM EST

INDIANAPOLIS--(BUSINESS WIRE)-- Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that its board of directors has approved an increase in the Companys quarterly dividend from $0.15 to $0.17 per share on the Companys common stock. The Companys board of directors also declared a cash dividend of $0.17 per share on the companys common stock for the first quarter of 2020. Payment will be made on March 20, to stockholders of record at the close of business on March 9.

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