Allison Transmission Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

Heavy-duty engine maker Allison Transmissionannounced today its third-quarter dividend of $0.12 per share, the same rate it paid last quarter after doubling the payout to investors from $0.06 per share.

The board of directors said the quarterly dividend is payable on August 30 to holders of record at the close of business on August 19. The regular dividend payment equates to a $0.48-per-share annual dividend, yielding 2.1% based on the closing price today of Allison Transmission's stock.

ALSN Dividend Chart
ALSN Dividend Chart


ALSN Dividend data by YCharts.

The article Allison Transmission Keeps Dividend Steady originally appeared on Fool.com.

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