Directors of Goodyear Tire & Rubber Co. (NASDAQ: GT) declared a quarterly dividend of 73.44 cents per share of mandatory convertible preferred stock.
The dividend is payable April 1, 2013, to shareholders of record on March 15, 2013.
The payout represents an annual rate of $2.9375 per share.
Goodyear is one of the world's largest tire companies. It employs approximately 69,000 people and manufactures its products in 52 facilities in 22 countries around the world.
(Contributed by Olivia, olivia@tireworld.com.cn)