3Q dividend follows record Titan results
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 2012. It is the 46th consecutive quarter that Titan has approved a one-half cent dividend.
The cash dividend is payable Oct. 15, 2012, to stockholders of record on Sept. 28, 2012. Titan last paid a dividend on July 16, 2012.
Titan posted net income of $44.3 million on net sales of nearly $460 million for its second quarter ended June 30, 2012. Its second-quarter sales and operating income were records for Titan.
(For more information on the company's most recent financial results, click here.)
For more information on Titan and its products, visit www.titan-intl.com.