Goodyear raises common stock dividend

The Goodyear Tire & Rubber Company approved an increase in the company’s quarterly common stock dividend to 16 cents per share from 14 cents per share in an announcement on 10 October. This dividend increase represents an annual rate of 58 cents per share for 2018 and 64 cents per share for 2019. The board declared the increase effective with the dividend payable 3 December 2018 to shareholders of record on 1 November 2018.