Tower International Initiates Quarterly Dividend

LIVONIA, Mich., Oct. 16, 2015 /PRNewswire/ -- The Board of Directors of Tower International, Inc. TOWR, a leading integrated global manufacturer of engineered automotive structural metal components and assemblies, today declared a regular quarterly cash dividend of $0.10 per share on the Company's common stock, payable December 10, 2015 to shareholders of record on November 10, 2015.

"Initiating a regular dividend for our shareholders is another important milestone achievement for Tower, further demonstrating our confidence in the Company's cash flow, earnings, and growth prospects," said President and CEO Mark Malcolm.  

Contact:
Derek Fiebig
Executive Director, Investor & External Relations
(248) 675-6457
fiebig.derek@towerinternational.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/tower-international-initiates-quarterly-dividend-300161273.html

SOURCE Tower International, Inc.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!