Goodyear bumps up common stock dividend

AKRON (Oct. 7, 2015) — Goodyear's board of directors has approved an increase in the company's quarterly common stock dividend to 7 cents per share from 6 cents per share.

This 17 percent dividend increase represents an annual rate of 25 cents per share for 2015 and 28 cents per share for 2016, the Akron tire maker said.

The board declared the increase effective with the dividend payable Dec. 1 to shareholders of record on Nov. 2.

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