FINDLAY, Ohio — Cooper Tire & Rubber Co. will be awarding a quarterly dividend of 10.5 cents per share on common stock, payable June 26 to stockholders of record at the close of business June 1.
Cooper said it marks the 193rd consecutive quarterly dividend paid by the tire maker.
Cooper reported operating and net losses in the quarter ended March 31 as sales fell 14.1% to $532 million.