Titan International Inc. will pay out a cash dividend of $.005 per common share for the first quarter of 2007.
The cash dividend, approved by Titan's board of directors, is payable April 16, 2007, to stockholders of record on March 30, 2007.
Titan posted net income of $5.1 million on net sales of $679.4 million for its fiscal year ended Dec. 31, 2007. That compares to net income of $11 million on sales of $470.1 million for fiscal 2005.
