Titan International Inc(NYSE:TWI) Declares Dividend of $0.0050.

Titan International Inc (NYSE:TWI) had declared a cash dividend of $0.0050 on Jun 10, 2016. The shares will quote ex-dividend on Jun 28, 2016 and the record date has been fixed for Jun 30, 2016. On Jun 10, 2016 share price, the yield comes out to be 0.2894%. The dividend payable date has been fixed on Jul 15, 2016.

Titan International Inc (TWI) shares turned negative on Wednesdays trading session with the shares closing down -0.09 points or -1.35% at a volume of 3,07,709. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $6.8501. The peak price level was also seen at $6.8501 while the days lowest was $6.525. Finally the shares closed at $6.57. The 52-week high of the shares is $11.16 while the 52-week low is $2.5. According to the latest information available, the market cap of the company is $355 M.

Titan International Inc(TWI) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $321.79M. Analysts had an estimated revenue of $354.11M. Earnings per share were $-0.17. Analysts had estimated an EPS of $-0.06.

Several Insider Transactions has been reported to the SEC. On Mar 4, 2016, Gary L Cowger (director) purchased 23,760 shares at $6.20 per share price.Also, On Mar 2, 2016, Peter Mcnitt (director) purchased 25,000 shares at $5.23 per share price.On Nov 16, 2015, Paul G Reitz (President) purchased 7,000 shares at $4.56 per share price, according to the Form-4 filing with the securities and exchange commission.

Titan International Inc. together with its subsidiaries manufactures wheels tires wheel and tire assemblies and undercarriage systems and components for off-highway vehicles used in the agricultural earthmoving/construction and consumer segments. The Company operates in three segments: agricultural earthmoving/construction and consumer. Titan’s agricultural segment includes rims wheels tires and undercarriage systems and components manufactured for use on various agricultural and forestry equipment. Titan’s earthmoving/construction segment includes rims wheels tires and undercarriage systems and components for various types of off-the-road (OTR) earthmoving mining military and construction equipment. The Company’s consumer segment includes bias truck tires in Latin America and light truck tires in Russia as well as products for all-terrain vehicles (ATVs) and recreational/utility trailers.

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