Allison Transmission As of February 16, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
ALSN $0.76 11.8% 13.3% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Automatic Transmissions 1.8% 2 4.8% Quarter 2012
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ALSN logo © Allison Transmission Holdings Inc.
ALSN logo © Allison Transmission Holdings Inc.

Allison Transmission Holdings Inc. (ALSN) will raise its quaterly dividend by 11.8 percent to 19 cents per share in 2021. This follows a 13.3 percent hike to $0.15 per share in 2020. This is the second dividend increase by the company since 2014.

The next dividend will be paid on March 5, 2021 to shareholders of record on February 22, 2021. The new annual dividend rate of 76 cents per share yields 1.8% at a stock price of $43. The company will now pay $86 million in dividends to shareholders annually if we include this new dividend hike.

Allison Transmission Holdings is a manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has independent distributor and dealer locations worldwide. The company has paid a dividend every year since 2012.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Mar 04 WY 1.9% %
Mar 04 D 3.5% 0.0%
Mar 04 BAC 2.1% 0.0%
Mar 04 PEP 3.0% 0.0%
Mar 04 SEE 1.5% 0.0%
Mar 04 AJG 1.6% 6.7%
Mar 04 LIN 1.5% 0.0%
Mar 04 KMB 3.5% 6.5%
Mar 04 BLK 2.3% 13.8%
Mar 04 TT 1.6% 11.3%