Titan International Maintains Half-Penny Payout
Off-road equipment tire maker Titan International announced this morning its second-quarter dividend of $0.005 per share, the same rate it's paid since 2001.
The board of directors said the quarterly dividend is payable on July 15 to the holders of record at the close of business on June 28.
Titan has been in business for more than 100 years. The regular dividend payment equates to a $0.02-per-share annual dividend, yielding 0.1% based on the closing price of Titan International's stock on June 3.
The article Titan International Maintains Half-Penny Payout originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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