Titan International announces dividend, note sales - Quincy Herald-Whig | Illinois & Missouri News, Sports

Titan International announces dividend, note sales

Titan International Inc.'s board of directors has approved a quarterly cash dividend of $.005 (one-half cent) per common share for the first quarter of 2013.

The cash dividend is payable April 15 to stockholders of record on March 28.

Titan International Inc. (NYSE: TWI) is a holding company that owns subsidiaries supplying wheels, tires, assemblies and undercarriage products for off-highway equipment used in agricultural, earth-moving, construction and consumer applications.

Titan officials also announced this week that they are offering $325 million in senior secured notes at 7.875 percent interest.

Titan intends to use most of net proceeds to repay a portion of the debt from the Titan Europe PLC purchase.

  • Local HeadlinesLocal HeadlinesMore>>

  • Video purports to show beheading of second U.S. journalist

    Video purports to show beheading of second U.S. journalist

    Tuesday, September 2 2014 3:34 PM EDT2014-09-02 19:34:10 GMT
    BEIRUT (AP) - Islamic State extremists released a video posted Tuesday purportedly showing the beheading of a second American journalist, Steven Sotloff, and warning President Barack Obama that as long as U.S. airstrikes against the militant group continue, "our knife will continue to strike the necks of your people." The footage - depicting what the U.S. called a sickening act of brutality - was posted two weeks after the release of video showing the killing of...
    BEIRUT (AP) - Islamic State extremists released a video posted Tuesday purportedly showing the beheading of a second American journalist, Steven Sotloff, and warning President Barack Obama that as long as U.S. airstrikes against the militant group continue, "our knife will continue to strike the necks of your people." The footage - depicting what the U.S. called a sickening act of brutality - was posted two weeks after the release of video showing the killing of...
  • Durbin discusses jobs, minimum wage, Ferguson and lock system during visit to Quincy church

    Durbin discusses jobs, minimum wage, Ferguson and lock system during visit to Quincy church

    Monday, September 1 2014 4:48 PM EDT2014-09-01 20:48:26 GMT
    U.S. Sen. Dick Durbin and a local religious leader on Sunday encouraged people to make their voices heard at the voting booths in the wake of unrest in Ferguson, Mo. Durbin, a Springfield Democrat, spoke at a service at the Cathedral of Worship in Quincy Sunday morning after a fundraising event at Quincy University Saturday night.
    U.S. Sen. Dick Durbin and a local religious leader on Sunday encouraged people to make their voices heard at the voting booths in the wake of unrest in Ferguson, Mo. Durbin, a Springfield Democrat, spoke at a service at the Cathedral of Worship in Quincy Sunday morning after a fundraising event at Quincy University Saturday night.
  • Local union celebrates Labor Day with rest and remembrance

    Local union celebrates Labor Day with rest and remembrance

    Monday, September 1 2014 10:19 PM EDT2014-09-02 02:19:16 GMT
    Labor Day often means end-of-summer cookouts and road trips, but for one Quincy union, the holiday is an opportunity to celebrate the work of those who came before them. The Machinists Lodge 822 hosted its annual Labor...
    Labor Day often means end-of-summer cookouts and road trips, but for one Quincy union, the holiday is an opportunity to celebrate the work of those who came before them. The Machinists Lodge 822 hosted its annual Labor...
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Quincy Herald-Whig. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.