Goodyear Declares 17th Straight Dividend
Directors of Goodyear Tire & Rubber Co. have declared a quarterly dividend of 7 cents per share of common stock. The dividend is payable March 1, 2016, to shareholders of record on Feb. 1, 2016.
The payout represents an annual rate of 28 cents per share. The payout is Goodyear’s 17th consecutive quarterly dividend.
Goodyear posted net income of $271 million on net sales of nearly $4.2 billion for its third quarter ended Sept. 30, 2015. That compares to income of $161 million on sales of more than $4.6 billion for the same period last year.
For more information on Goodyear’s financial results, see “Goodyear Posts Positive Numbers for 3Q.”