Goodyear declares 15th straight dividend
Directors of Goodyear Tire & Rubber Co. have declared a quarterly dividend of 6 cents per share of common stock. The dividend is payable Sept. 1, 2015, to shareholders of record on July 31, 2015.
The payout represents an annual rate of 24 cents per share and is Goodyear’s 15th consecutive quarterly dividend.
Goodyear posted record earnings for the first quarter ended March 31, 2015, with net income of $224 million. That compares to a net loss of $58 million recorded during the same period in the prior year. The company says first quarter 2015 results were driven in large part by record growth in North America.
For details on Goodyear’s most recent financial results, see: “Goodyear: 1Q among best ever for North America.”