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Titan declares quarterly dividend

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Titan International Inc., parent company of Titan Tire Corp., has approved a quarterly cash dividend of $.005 per common share for the fourth quarter of 2002.

The dividend is payable Jan. 15, 2003, to stockholders of record on Dec. 31, 2002, according to Titan officials.

Titans's stock closed at $1.44 a share yesterday, vs. a 52-week high of $5.64 and a low of $1.26.

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