Retail

Goodyear pays out more than 73 cents a share

Posted on March 10, 2014

Directors of Goodyear Tire & Rubber Co. have declared the final quarterly dividend on the company’s 5.875% mandatory convertible preferred stock. The preferred stock is subject to mandatory conversion into shares of Goodyear common stock on April 1, 2014.

A dividend of 73.44 cents per share is payable in cash on April 1, 2014, to shareholders who present the preferred stock for mandatory conversion on that date. The payout represents an annual rate of $2.9375 per share. This is Goodyear’s 10th consecutive quarterly dividend.

For details on Goodyear’s most recent financial results, see:

Goodyear's operating income: It's all good

Not good, great: Goodyear makes $600 million

Related Topics: Goodyear financials

Comments ( 0 )
More Stories
News Meet the New Members of TIA’s Board

The Tire Industry Association (TIA) board of directors has six new members. They will begin their terms on Oct. 30, 2017, at TIA’s annual meeting in Las Vegas, Nev.

Mike Dwyer is the new chief marketing officer for Goodyear's North America consumer tire sales.
News Goodyear Adds Dwyer and Dauberman to Consumer Tire Sales Leadership

Goodyear Tire & Rubber Co. has named Mike Dwyer chief marketing officer and Mike Dauberman chief digital officer for its North America consumer business.

For three days Becker Tire stores collected supplies to send to hurricane victims.
News Becker Tire Hits the Road With Supplies for Hurricane Victims

Becker Tire LLC collected supplies to fill three trucks to send to Hurricane Irma victims in Florida.  

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!