Allison Transmission Holdings, Inc. (NYSE: ALSN) announced today that its board of directors declared a cash dividend of $0.06 per share on the Company’s common stock and non-voting common stock for the first quarter of 2013. Payment will be made on March 11, 2013, to stockholders of record at the close of business on February 25, 2013.
The payment of any future quarterly dividends will be at the discretion of the board of directors and will be dependent upon Allison Transmission’s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the board of directors.
In addition, the Company announced that its 2013 Annual Meeting of Stockholders will be held on May 8, 2013. The record date for the meeting will be March 11, 2013.
