INDIANAPOLIS, Feb. 26, 2026 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), a global leader in high-performance mobility and work solutions built for the needs of the modern industrial world, announced

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">INDIANAPOLIS</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Feb. 26, 2026</span> /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), a global leader in high-performance mobility and work solutions built for the needs of the modern industrial world, announced today that its Board of Directors has approved an increase in the Company&#39;s quarterly dividend from $0.27 to $0.29 per share on the Company&#39;s common stock and has declared a cash dividend of $0.29 per share on the Company&#39;s common stock for the first quarter of 2026. Payment will be made on March 20, to stockholders of record at the close of business on March 9.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;For the seventh consecutive year, Allison&#39;s Board of Directors has approved an increase to the quarterly dividend, demonstrating once again our continued commitment to prudent balance sheet management and capital allocation,&#34; said Scott Mell, Chief Financial Officer and Treasurer at Allison. &#34;Our ability to consistently return capital to shareholders, while simultaneously investing across our businesses to support long-term growth and deleveraging through accelerated debt repayments, is supported by Allison&#39;s strong financial performance and well-defined approach to capital structure management.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">The payment of any future dividends will be at the discretion of the Board of Directors and will be dependent upon Allison&#39;s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board of Directors.</p><p xmlns="http://www.w3.org/1999/xhtml">The Company also announced that its 2026 annual meeting of stockholders will be held on May 6. The record date for the meeting will be March 9.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Allison Transmission </b></p><p xmlns="http://www.w3.org/1999/xhtml">Allison Transmission (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ALSN">ALSN</a>) is a global leader in high-performance mobility and work solutions built for the needs of the modern industrial world. Allison operates through two business units: Allison Transmission and Allison Off-Highway Drive &amp; Motion Systems. Headquartered in Indianapolis, Indiana, USA, the Company manufactures solutions which offer industry-leading value propositions across vital sectors such as infrastructure, mining, energy, agriculture, construction, transportation and national security. For over 110 years, Allison has been recognized as a reliable partner of choice, keeping essential industries moving anytime, in over 150 countries around the world. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4628611-1&amp;h=3243157376&amp;u=https%3A%2F%2Fallisontransmission.com&amp;a=https%3A%2F%2Fallisontransmission.com" target="_blank" rel="nofollow">https://allisontransmission.com</a>. </p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This press release contains forward-looking statements. The words &#34;believe,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;intend,&#34; &#34;estimate&#34; and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Although forward-looking statements reflect management&#39;s good faith beliefs, reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements speak only as of the date the statements are made. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise. These forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to: the significant costs we are expected to incur in connection with the integration of the Off-Highway Drive &amp; Motion Systems business (the &#34;Acquired Off-Highway Business&#34;) of Dana Incorporated (&#34;Dana&#34;); our ability to successfully integrate the Acquired Off-Highway Business and its operations in the expected time frame; our ability to realize all of the anticipated benefits from the integration of the Acquired Off-Highway Business and its operations and to effectively manage our expanded operations; our participation in markets that are competitive; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments, competitive threats and changing customer needs, including with respect to electric hybrid and fully electric commercial vehicles; increases in cost, disruption of supply or shortage of labor, freight, raw materials, energy or components used to manufacture or transport our products or those of our customers or suppliers, including as a result of geopolitical risks, natural disasters, extreme weather events, wars and public health crises such as pandemics; global economic volatility; general economic and industry conditions, including the risk of prolonged inflation and recession; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers or suppliers; the highly cyclical industries in which certain of our end users operate; uncertainty in the global regulatory and business environments in which we operate; the concentration of our net sales in our top five customers and the loss of any one of these; cybersecurity risks to our operational systems, security systems or infrastructure owned by us or our third-party vendors and suppliers; the failure of markets outside North America to increase adoption of fully automatic transmissions; the success of our research and development efforts, the outcome of which is uncertain; U.S. and foreign defense spending; risks associated with our international operations, including acts of war and increased trade protectionism and tariffs; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to identify, consummate and effectively integrate acquisitions and collaborations; and risks related to our indebtedness.</p><div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1535"><p xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/2379018/Allison_Primary_Color_webuse_RGB_388px_Logo.html" target="_blank" rel="nofollow"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/2379018/Allison_Primary_Color_webuse_RGB_388px_Logo.jpg" title="Allison Transmission Holdings Inc. Logo (PRNewsfoto/Allison Transmission Holdings Inc.)" alt="Allison Transmission Holdings Inc. Logo (PRNewsfoto/Allison Transmission Holdings Inc.)"></img></a></p></div><p xmlns="http://www.w3.org/1999/xhtml"> </p>
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<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=DE97144&amp;sd=2026-02-26"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/allison-announces-a-7-percent-increase-to-the-quarterly-dividend-and-the-annual-stockholders-meeting-and-record-date-302698953.html" target="_blank">https://www.prnewswire.com/news-releases/allison-announces-a-7-percent-increase-to-the-quarterly-dividend-and-the-annual-stockholders-meeting-and-record-date-302698953.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Allison Transmission Holdings Inc.</p>

ALSN

Allison Announces a 7 Percent Increase to the Quarterly Dividend and the Annual Stockholders Meeting and Record Date

Allison Transmission Increases Quarterly Dividend by 7% to $0.29

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>INDIANAPOLIS, Feb. 26, 2026 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), a global leader in high-performance mobility and work solutions built for the needs of the modern industrial world, announced</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Allison Transmission Holdings has announced a 7% increase in its quarterly dividend to $0.29 per share, marking a seventh consecutive annual increase. This solidifies the company&#039;s commitment to returning capital to shareholders as it continues to invest in growth.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Allison increases quarterly dividend by 7% to $0.29 per share.</li><li>Seventh consecutive yearly dividend increase highlights strong performance.</li><li>Dividend payment scheduled for March 20, record date March 9.</li><li>Annual stockholders meeting set for May 6, 2026.</li><li>The Board maintains discretion for future dividend payments.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Dana Incorporated (DAN)</strong>: Allison is integrating Dana&#039;s Off-Highway Drive &amp; Motion Systems business.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news fits the &#039;Corporate Developments&#039; category, highlighting the company&#039;s financial management and capital allocation commitment through increasing dividends.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Increased dividends typically indicate strong financial health and can drive share price higher.</li><li>Upcoming stockholder meeting may present additional strategic insights impacting valuation.</li><li>Dividend hikes can attract income-focused investors, boosting stock demand.</li><li>The solid dividend reinforces management&#039;s commitment to shareholder returns.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Dividend increased from $0.27 to $0.29 per share.</li><li>Payment date for dividend is March 20, 2026.</li><li>Record date to qualify for the dividend is March 9, 2026.</li><li>Annual stockholders meeting to be held on May 6, 2026.</li><li>The company has consistently increased dividends for seven consecutive years.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider buying ALSN on this positive dividend news, as it may drive stock interest.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">INDIANAPOLIS</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Feb. 26, 2026</span> /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), a global leader in high-performance mobility and work solutions built for the needs of the modern industrial world, announced today that its Board of Directors has approved an increase in the Company&#39;s quarterly dividend from $0.27 to $0.29 per share on the Company&#39;s common stock and has declared a cash dividend of $0.29 per share on the Company&#39;s common stock for the first quarter of 2026. Payment will be made on March 20, to stockholders of record at the close of business on March 9.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;For the seventh consecutive year, Allison&#39;s Board of Directors has approved an increase to the quarterly dividend, demonstrating once again our continued commitment to prudent balance sheet management and capital allocation,&#34; said Scott Mell, Chief Financial Officer and Treasurer at Allison. &#34;Our ability to consistently return capital to shareholders, while simultaneously investing across our businesses to support long-term growth and deleveraging through accelerated debt repayments, is supported by Allison&#39;s strong financial performance and well-defined approach to capital structure management.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">The payment of any future dividends will be at the discretion of the Board of Directors and will be dependent upon Allison&#39;s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board of Directors.</p><p xmlns="http://www.w3.org/1999/xhtml">The Company also announced that its 2026 annual meeting of stockholders will be held on May 6. The record date for the meeting will be March 9.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Allison Transmission </b></p><p xmlns="http://www.w3.org/1999/xhtml">Allison Transmission (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ALSN">ALSN</a>) is a global leader in high-performance mobility and work solutions built for the needs of the modern industrial world. Allison operates through two business units: Allison Transmission and Allison Off-Highway Drive &amp; Motion Systems. Headquartered in Indianapolis, Indiana, USA, the Company manufactures solutions which offer industry-leading value propositions across vital sectors such as infrastructure, mining, energy, agriculture, construction, transportation and national security. For over 110 years, Allison has been recognized as a reliable partner of choice, keeping essential industries moving anytime, in over 150 countries around the world. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4628611-1&amp;h=3243157376&amp;u=https%3A%2F%2Fallisontransmission.com&amp;a=https%3A%2F%2Fallisontransmission.com" target="_blank" rel="nofollow">https://allisontransmission.com</a>. </p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This press release contains forward-looking statements. The words &#34;believe,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;intend,&#34; &#34;estimate&#34; and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Although forward-looking statements reflect management&#39;s good faith beliefs, reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements speak only as of the date the statements are made. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise. These forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to: the significant costs we are expected to incur in connection with the integration of the Off-Highway Drive &amp; Motion Systems business (the &#34;Acquired Off-Highway Business&#34;) of Dana Incorporated (&#34;Dana&#34;); our ability to successfully integrate the Acquired Off-Highway Business and its operations in the expected time frame; our ability to realize all of the anticipated benefits from the integration of the Acquired Off-Highway Business and its operations and to effectively manage our expanded operations; our participation in markets that are competitive; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments, competitive threats and changing customer needs, including with respect to electric hybrid and fully electric commercial vehicles; increases in cost, disruption of supply or shortage of labor, freight, raw materials, energy or components used to manufacture or transport our products or those of our customers or suppliers, including as a result of geopolitical risks, natural disasters, extreme weather events, wars and public health crises such as pandemics; global economic volatility; general economic and industry conditions, including the risk of prolonged inflation and recession; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers or suppliers; the highly cyclical industries in which certain of our end users operate; uncertainty in the global regulatory and business environments in which we operate; the concentration of our net sales in our top five customers and the loss of any one of these; cybersecurity risks to our operational systems, security systems or infrastructure owned by us or our third-party vendors and suppliers; the failure of markets outside North America to increase adoption of fully automatic transmissions; the success of our research and development efforts, the outcome of which is uncertain; U.S. and foreign defense spending; risks associated with our international operations, including acts of war and increased trade protectionism and tariffs; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to identify, consummate and effectively integrate acquisitions and collaborations; and risks related to our indebtedness.</p><div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1535"><p xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/2379018/Allison_Primary_Color_webuse_RGB_388px_Logo.html" target="_blank" rel="nofollow"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/2379018/Allison_Primary_Color_webuse_RGB_388px_Logo.jpg" title="Allison Transmission Holdings Inc. Logo (PRNewsfoto/Allison Transmission Holdings Inc.)" alt="Allison Transmission Holdings Inc. Logo (PRNewsfoto/Allison Transmission Holdings Inc.)"></img></a></p></div><p xmlns="http://www.w3.org/1999/xhtml"> </p>
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<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=DE97144&amp;sd=2026-02-26"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/allison-announces-a-7-percent-increase-to-the-quarterly-dividend-and-the-annual-stockholders-meeting-and-record-date-302698953.html" target="_blank">https://www.prnewswire.com/news-releases/allison-announces-a-7-percent-increase-to-the-quarterly-dividend-and-the-annual-stockholders-meeting-and-record-date-302698953.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Allison Transmission Holdings Inc.</p>

Allison Transmission Holdings has announced a 7% increase in its quarterly dividend to $0.29 per share, marking a seventh consecutive annual increase. This solidifies the company's commitment to returning capital to shareholders as it continues to invest in growth.

Allison Announces a 7 Percent Increase to the Quarterly Dividend and the Annual Stockholders Meeting and Record Date

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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