Titan approves routine half-cent dividend
The board of directors of Titan International Inc. has approved a quarterly cash dividend of one-half cent per common share for the second quarter of 2011. It is the 41th consecutive quarter that Titan has approved a one-half cent dividend.
The cash dividend is payable July 15, 2011, to stockholders of record on June 30, 2011.
Titan posted a net loss of $3 million on net sales of $280.8 million for the first quarter ended March 31, 2011. For more information on Titan's financial results, click on "Despite record sales, Titan posts net loss."
For more information on Titan and its products, visit www.titan-intl.com.