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Titan approves quarterly dividend

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Titan International Inc.'s board of directors has approved a quarterly dividend of $.005 (one half cent) per common share. The cash dividend will be payable Jan. 15, 2004, to stockholders of record as of Dec. 31.

Titan's stock opened today at $2.20 a share. That compares to a 52-week high of $2.93 and low of $.60.

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