Goodyear Declares 21st Straight Dividend

Posted on January 13, 2017

Directors of Goodyear Tire & Rubber Co. have declared a quarterly dividend of 10 cents per share of common stock. The dividend is payable March 1, 2017, to shareholders of record on Feb. 1, 2017.

The payout represents an annual rate of 40 cents per share. The payout is Goodyear’s 21st consecutive quarterly dividend.

Goodyear posted net income of $317 million on net sales of $3.8 billion for its third quarter ended Sept. 30, 2016. That compares to income of $271 million on net sales of nearly $4.2 billion for the same period the previous year. The company attributed the decline in sales to the deconsolidation of its subsidiary in Venezuela.

For more information on the company, visit

Related Topics: Goodyear financials, Goodyear Tire & Rubber Co.

Comments ( 0 )
More Stories
News Ateq's New Sync-ID Technology Increases TPMS Relearn Coverage

Ateq TPMS Tools LC has released Sync-ID, a patented technology designed to standardize the way tire pressure monitoring system sensor information is transmitted to the vehicle’s engine control unit (ECU).

News Bosch Partners With Shop Management Software Provider

Robert Bosch LLC’s Automotive Aftermarket division has invested in San Francisco-based Shop-Ware Inc., a shop management and customer retention platform.

Nexen’s senior director of marketing Kyle Roberts (right of mascot) poses with the Los Angeles Rams mascot and cheerleaders after a round of golf to help raise money for cancer research.
News Nexen Partners With ESPN LA Golf Classic to Benefit Cancer Research

Nexen Tire America Inc. partnered with the 6th annual ESPN LA Golf Classic charity event to benefit the V Foundation for Cancer Research.

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!