Allison Transmission Holdings, Inc. (ALSN) To Go Ex-Dividend on November 21st

Allison Transmission Holdings, Inc. (NYSE:ALSN) announced a quarterly dividend on Monday, November 10th. Shareholders of record on Friday, November 21st will be given a dividend of 0.27 per share by the auto parts company on Friday, December 5th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, November 21st.

Allison Transmission has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 2 years. Allison Transmission has a payout ratio of 10.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Allison Transmission to earn $10.06 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 10.7%.

Allison Transmission Price Performance

ALSN stock opened at $82.03 on Wednesday. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.36 and a quick ratio of 2.64. The business has a 50 day simple moving average of $84.61 and a 200-day simple moving average of $91.03. The firm has a market capitalization of $6.83 billion, a PE ratio of 10.05 and a beta of 1.02. Allison Transmission has a 1 year low of $76.01 and a 1 year high of $122.53.

Allison Transmission (NYSE:ALSN) last posted its quarterly earnings results on Wednesday, October 29th. The auto parts company reported $1.63 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.32). Allison Transmission had a return on equity of 41.37% and a net margin of 22.78%.The company had revenue of $693.00 million for the quarter, compared to analysts’ expectations of $779.97 million. During the same quarter in the prior year, the firm earned $2.27 EPS. The firm’s revenue was down 15.9% on a year-over-year basis. Allison Transmission has set its FY 2025 guidance at EPS. Equities research analysts anticipate that Allison Transmission will post 9.06 earnings per share for the current fiscal year.

Allison Transmission Company Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems.