Cooper rewards stockholders with quarterly dividend
Cooper Tire & Rubber Co. announced a quarterly dividend of 10.5 cents per share on common stock. The dividend is payable March 31, 2005, to stockholders of record at the close of business March 7, 2005.
The company has now declared a dividend for 132 consecutive quarters.
Cooper Tire's stock price closed at $21.50 on the New York Stock Exchange on Tuesday, Feb. 15. That compares to a 52-week high and low of $23.89 and $17.20, respectively.
The dividend was announced prior to today's disclosure of Cooper's 2004 financial results.