Allison Transmission Holdings Announces Quarterly Dividend of $0.29 Per Share
Allison Transmission Holdings (ALSN) has declared a quarterly dividend of $0.29 per share, maintaining its previous payout level. The dividend carries a forward yield of 0.89%, with the ex-dividend date set for November 23 and payment scheduled for December 4. This announcement follows a period of updated financial guidance from the company. Allison Transmission has raised its revenue, earnings, and cash flow projections for the second consecutive quarter, forecasting 2026 net sales to fall between $5.975 billion and $6.075 billion. While recent Q3 performance was described as decent, management is now focusing on margin improvement efforts.
Tickers: $ALSN
Topics: dividend declaration financial results quarterly earnings revenue guidance