Commercial Business Suppliers

Titan approves one-half cent per share

Order Reprints

The board of directors of Titan International Inc. has approved a quarterly cash dividend of one-half cent per common share for the fourth quarter of 2012. It is the 47th consecutive quarter that Titan has approved a one-half cent dividend.

The cash dividend is payable Jan. 15, 2013, to stockholders of record on Dec. 31, 2012. Titan last paid a dividend on Oct. 15, 2012.

Titan posted net income of $19.5 million on net sales of $404.7 million for the third quarter ended Sept. 30, 2012. That compared to income of $21.1 million on sales of $398.8 million for the same period in 2011.

(For more information on the company's most recent financial results, click here.)

For more information on Titan and its products, visit

You must login or register in order to post a comment.