Results earn Goodyear shareholders a dividend
Directors of the Goodyear Tire & Rubber Co. have declared a quarterly dividend of 73.44 cents per share of mandatory convertible preferred stock for the fifth consecutive quarter. The dividend is payable Oct. 1, 2012, to shareholders of record on Sept. 14, 2012.
The payout represents an annual rate of $2.9375 per share.
Goodyear posted net income of $103 million on net sales of nearly $5.2 billion for the second quarter ended June 30, 2012. For more on Goodyear's 2Q financial results, click here.
For more information about Goodyear and its products, visit www.goodyear.com.