Titan approves fourth-quarter dividend

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Titan International Inc.'s board of directors approved a fourth-quarter dividend of $.005 per share on its common stock. The dividend is payable Jan 13, 2006, to shareholders of record on Dec. 30, 2005.

Titan's common stock price closed at $17.22 a share on the New York Stock Exchange on Dec. 14. That compares to a 52-week high of $18.70 and low of $12.30.

For the first nine months fiscal 2005 ended Sept. 30, Titan reported net sales of $373.6 million, a 5% increase over 2004's comparative total.

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