Cooper declares 135th consecutive quarterly dividend
Cooper Tire & Rubber Co. announced a quarterly dividend of 10.5 cents per share on common stock. The dividend is payable Dec. 30, 2005, to stockholders of record at the close of business Dec. 2, 2005.
The company has now declared a dividend for 135 consecutive quarters.
Cooper Tire's stock price closed at $13.56 on the New York Stock Exchange on Wednesday, Nov. 16. That compares to a 52-week high and low of $22.50 and $13, respectively.
Cooper reported a net loss of $840,000 on net sales of $558 million for the third quarter ended Sept. 30, 2005. The company's quarterly loss was its second in a row.