Goodyear declares further dividend
On 28 September 2013, the directors of The Goodyear Tire & Rubber Company declared a quarterly dividend of 73.44 cents per share of mandatory convertible preferred stock. The US-based tyre manufacturer reports that the dividend is payable 1 October 2013, to shareholders of record on 13 September 2013. The payout represents an annual rate of $2.9375 per share.
In other words Goodyear declared a dividend on 5.875 per cent preferred stock.
Earlier this year Goodyear announced that it would pay out a similar sized dividend on 4 March 2013.