SmarterDividends
ALSN

Allison Transmission Holdings, Inc.

ALSN

Consumer Cyclical · Auto Parts · Stock · quarterly payer

$111.80

Undervalued · +45% Add to Portfolio

Forward Yield

1.04%

Annual Dividend

$1.16

Payout Ratio

18%

5-Yr Growth

9.7%

Ex-Date

Aug 21, 2026

Frequency

Quarterly

Key facts about ALSN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Allison Transmission Holdings, Inc. (ALSN) has a forward dividend yield of 1.04%, based on an annual dividend of $1.16 per share and a share price of $111.80.
  • As of Oct 18, 2026, ALSN's dividend safety grade from SmarterDividends is A (86 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Allison Transmission Holdings, Inc. (ALSN) has raised its dividend for 6 consecutive years as of Oct 18, 2026.
  • ALSN has never cut its regular dividend in the payment history SmarterDividends has on record.
  • ALSN's most recent ex-dividend date was Aug 21, 2026, for a dividend of $0.29 per share.
  • As of Oct 18, 2026, ALSN pays out 18% of its trailing 12-month earnings as dividends (its payout ratio).
  • ALSN's dividend has grown at an average rate of 9.7% a year over the past five years.
  • As of Oct 18, 2026, ALSN's 1.04% yield is 36% below its five-year average yield of 1.63%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for ALSN is $161.57 per share, 45% above the $111.80 share price, so ALSN screens as undervalued.
  • Allison Transmission Holdings, Inc. (ALSN) pays its dividend quarterly, 4 times a year.
  • Allison Transmission Holdings, Inc. (ALSN) has raised its regular dividend 9 times and cut it 0 times across the 58 payments on record since 2012. Its most recent change was a 7.4% increase to $0.290 per share, going ex-dividend on Mar 9, 2026.
Cite this page

SmarterDividends, "ALSN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/ALSN

Summary

As of Oct 18, 2026, Allison Transmission Holdings, Inc. (ALSN) yields 1.04% ($1.16 a year per share), has a dividend safety grade of A (86/100) and has 6 consecutive years of dividend increases on record.

Is ALSN a good dividend stock?

Yes

Allison Transmission Holdings, Inc. (ALSN) pays a quarterly dividend yielding 1.04% ($1.16/yr), with 6 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (18%)
  • Strong 9.7% 5-yr dividend growth
  • 223% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.04%
Payout Ratio
18%
Annual Dividend
$1.16
5-Yr Avg Growth
9.7%
Ex-Dividend Date
Aug 21, 2026
Years of Growth
6
Frequency
quarterly
Beta
0.98
Market Cap
$9.2B
P/E Ratio
17.8
5-Yr Total Return
223%
52-Week Range
$76.01 – $137.62
Dividend Safety
A · 86/100
Ever Cut?
No

ALSN dividend raises and cuts

Allison Transmission Holdings, Inc. (ALSN) has raised its regular dividend 9 times and cut it 0 times across the 58 payments on record since 2012. Its most recent change was a 7.4% increase to $0.290 per share, going ex-dividend on Mar 9, 2026.

Ex-dateChangeOld → newMove
Mar 9, 2026Raise$0.270 → $0.290+7.4%
Mar 3, 2025Raise$0.250 → $0.270+8.0%
Mar 1, 2024Raise$0.230 → $0.250+8.7%
Mar 3, 2023Raise$0.210 → $0.230+9.5%
Mar 4, 2022Raise$0.190 → $0.210+10.5%
Feb 19, 2021Raise$0.170 → $0.190+11.8%
Mar 6, 2020Raise$0.150 → $0.170+13.3%
Nov 6, 2014Raise$0.120 → $0.150+25.0%
May 15, 2013Raise$0.0600 → $0.120+100.0%
Every ALSN payment →Download every raise and cut (CSV)
ALSN ex-dividend date & scheduleNext ex-date Aug 21, 2026 · full ex-dividend historyView →ALSN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is ALSN a good dividend stock?

Yes. Allison Transmission Holdings, Inc. (ALSN) pays a quarterly dividend yielding 1.04% ($1.16/yr), with 6 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is ALSN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ALSN's fair value is about $161.57 versus a $111.80 share price — so it looks undervalued (+45% vs. fair value).

Is ALSN's dividend safe?

ALSN has a dividend-safety grade of A (86/100), based on its payout coverage, free-cash-flow, 6-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is ALSN's fair value?

Our blended fair-value estimate for ALSN is about $161.57 per share, roughly 45% above the current $111.80 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is ALSN a buy, hold, or sell?

We don't issue formal ratings, but on the data ALSN screens as "yes" and undervalued. Allison Transmission Holdings, Inc. (ALSN) pays a quarterly dividend yielding 1.04% ($1.16/yr), with 6 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will ALSN cut its dividend?

ALSN earns a dividend-safety grade of A (86/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does ALSN pay a dividend?

Yes. Allison Transmission Holdings, Inc. pays a quarterly dividend of about $1.16 per share annually, a forward yield of roughly 1.04%.

What is ALSN's dividend yield?

As of Oct 18, 2026, ALSN's forward dividend yield is 1.04%, based on a $1.16 annual dividend and a $111.80 share price.

What is ALSN's dividend per share?

As of Oct 18, 2026, ALSN pays $1.16 per share per year, distributed on a quarterly basis.

What is ALSN's dividend payout ratio?

As of Oct 18, 2026, ALSN's payout ratio is 18% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has ALSN grown its dividend?

As of Oct 18, 2026, ALSN has increased its dividend for 6 consecutive years.

When is the next ALSN ex-dividend date?

As of Oct 18, 2026, ALSN's next ex-dividend date hasn't been announced. The most recent was Aug 21, 2026, for $0.29 per share.

Income Calculator

At $1.16 / yr per share

Per payment (quarterly)$29.00
Annual$116.00
Monthly avg$9.67

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