Allison Transmission (ALSN) Raises Quarterly Dividend 8.7% to $0.25; 1.4% Yield
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Allison Transmission Announces a 9% Increase to the Quarterly Dividend and the Annual Stockholders Meeting and Record Date
February 21, 2024 4:05 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 $0.23 to $0.25 per share on the Companys common stock and has declared a cash dividend of $0.25 per share on the Companys common stock for the first quarter of 2024. Payment will be made on March 15, to... More
