Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium-and heavy-duty commercial vehicles, and medium-and heavy-tactical U.S. defense vehicles worldwide. It offers transmissions for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school and transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles. The company markets its transmissions under the Allison Transmission brand name; and remanufactured transmissions under the ReTran brand name. It also sells branded replacement parts, support equipment, aluminum die cast components, and other products necessary to service the installed base of vehicles utilizing its transmissions, as well as defense kits, engineering services, and extended transmission coverage services to various original equipment manufacturers, distributors, and the U.S. government. The company serves customers through an independent network of approximately 1,400 independent distributor and dealer locations. The company was formerly known as Clutch Holdings, Inc. Allison Transmission Holdings, Inc. was founded in 1915 and is headquartered in Indianapolis, Indiana.
Allison Transmission Dividend Announcement
• Allison Transmission announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-18
• Allison Transmission annual dividend for 2024 was $1.00
• Allison Transmission annual dividend for 2023 was $0.92
• Allison Transmission's trailing twelve-month (TTM) dividend yield is 0.63%
• Allison Transmission's payout ratio for the trailing twelve months (TTM) is 11.85%
• Allison Transmission's dividend growth over the last five years (2018-2023) was 8.92% year
• Allison Transmission's dividend growth over the last ten years (2013-2023) was 8.16% year
Allison Transmission Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | $0.25 | quarterly | 2024-11-27 |
2024-08-19 | $0.25 | quarterly | 2024-08-30 |
2024-05-17 | $0.25 | quarterly | 2024-05-31 |
2024-03-01 | $0.25 | quarterly | 2024-03-15 |
2023-11-10 | $0.23 | quarterly | 2023-11-30 |
2023-08-11 | $0.23 | quarterly | 2023-08-31 |
2023-05-12 | $0.23 | quarterly | 2023-05-31 |
2023-03-03 | $0.23 | quarterly | 2023-03-17 |
2022-11-18 | $0.21 | quarterly | 2022-11-30 |
2022-08-19 | $0.21 | quarterly | 2022-08-31 |
2022-05-13 | $0.21 | quarterly | 2022-05-27 |
2022-03-04 | $0.21 | quarterly | 2022-03-18 |
2021-11-19 | $0.19 | quarterly | 2021-11-30 |
2021-08-13 | $0.19 | quarterly | 2021-08-27 |
2021-05-14 | $0.19 | quarterly | 2021-05-28 |
2021-02-19 | $0.19 | quarterly | 2021-03-05 |
2020-11-13 | $0.17 | quarterly | 2020-11-25 |
2020-08-21 | $0.17 | quarterly | 2020-08-31 |
2020-05-15 | $0.17 | quarterly | 2020-05-29 |
2020-03-06 | $0.17 | quarterly | 2020-03-20 |
2019-11-14 | $0.15 | quarterly | 2019-11-27 |
2019-08-22 | $0.15 | quarterly | 2019-08-30 |
2019-05-17 | $0.15 | quarterly | 2019-05-31 |
2019-03-01 | $0.15 | quarterly | 2019-03-15 |
2018-11-16 | $0.15 | quarterly | 2018-11-30 |
2018-08-17 | $0.15 | quarterly | 2018-08-31 |
2018-05-18 | $0.15 | quarterly | 2018-05-31 |
2018-02-16 | $0.15 | quarterly | 2018-02-28 |
2017-11-17 | $0.15 | quarterly | 2017-11-30 |
2017-08-17 | $0.15 | quarterly | 2017-08-31 |
2017-05-18 | $0.15 | quarterly | 2017-05-26 |
2017-03-02 | $0.15 | quarterly | 2017-03-15 |
2016-11-09 | $0.15 | quarterly | 2016-11-30 |
2016-08-18 | $0.15 | quarterly | 2016-09-02 |
2016-05-19 | $0.15 | quarterly | 2016-06-03 |
2016-02-25 | $0.15 | quarterly | 2016-03-11 |
2015-11-12 | $0.15 | quarterly | 2015-11-25 |
2015-08-13 | $0.15 | quarterly | 2015-08-28 |
2015-05-14 | $0.15 | quarterly | 2015-05-29 |
2015-02-26 | $0.15 | quarterly | 2015-03-13 |
2014-11-06 | $0.15 | quarterly | 2014-11-26 |
2014-08-14 | $0.12 | quarterly | 2014-08-29 |
2014-05-15 | $0.12 | quarterly | 2014-05-30 |
2014-02-27 | $0.12 | quarterly | 2014-03-25 |
2013-11-14 | $0.12 | quarterly | 2013-12-02 |
2013-08-15 | $0.12 | quarterly | 2013-08-30 |
2013-05-15 | $0.12 | quarterly | 2013-05-31 |
2013-02-21 | $0.06 | quarterly | 2013-03-11 |
Allison Transmission Dividend per year
Allison Transmission Dividend growth
Allison Transmission Dividend Yield
Allison Transmission current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Allison Transmission stock? Use our calculator to estimate your expected dividend yield:
Allison Transmission Financial Ratios
Allison Transmission Dividend FAQ
Other factors to consider when evaluating Allison Transmission as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Allison Transmission's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Allison Transmission publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Allison Transmission distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Allison Transmission are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Allison Transmission sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Allison Transmission distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Allison Transmission declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Allison Transmission's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Allison Transmission's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.