Cooper dividend: 167 straight quarters

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Cooper Tire & Rubber Co. announced a quarterly dividend of 10.5 cents per share on common stock, payable Dec. 31, 2013, to stockholders of record at the close of business Dec. 2, 2013.

The company says this marks the 167th consecutive quarterly dividend paid the Findlay, Ohio-based tire manufacturer.

Cooper posted net income of $35 million on net sales of $884 million for its second quarter ended June 30, 2013.

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