Allison Transmission (ALSN) Raises Quarterly Dividend 9.5% to $0.23; 1.9% Yield
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Allison Transmission Announces a 10 Percent Increase to the Quarterly Dividend and the Annual Stockholders Meeting and Record Date
February 23, 2023 5:43 PM ESTINDIANAPOLIS--(BUSINESS WIRE)-- Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Companys quarterly dividend from $0.21 to $0.23 per share on the Companys common stock and has declared a cash dividend of $0.23 per share on the Companys common stock for the first quarter of 2023. Payment will be made on March 17, to... More
