Goodyear rewards shareholders again
For the third consecutive quarter, directors of the Goodyear Tire & Rubber Co. have declared a quarterly dividend of 73.44 cents per share of mandatory convertible preferred stock.
The dividend is payable April 1, 2012, to shareholders of record on March 15, 2012. The payout represents an annual rate of $2.9375 per share.
Goodyear recorded net income of $18 million on sales of $5.7 billion for the fourth quarter ended Dec. 31, 2011.
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