The board of directors of Titan International Inc. has approved a quarterly cash dividend of one-half cent per common share for the third quarter of 2011. It is the 42nd consecutive quarter that Titan has approved a one-half cent dividend.
The cash dividend is payable Oct. 15, 2011, to stockholders of record on Sept. 30, 2011. Titan last awarded a dividend on July 15, 2011.
Titan.posted net income of $25.3 million on record net sales of $404.4 million for the second quarter ended June 30, 2011. For more information on Titan's most recent financial results, click on "Titan is WAY up in 2Q income and sales."
For more information on Titan and its products, visit www.titan-intl.com.
