Cooper Tire & Rubber Declares $0.105-Per-Share Dividend

Cooper Tire & Rubber keeps rolling along with its shareholder payouts. The company has declared its latest dividend, which is to be $0.105 per share paid on September 30 to shareholders of record as of September 5. That amount is in line with the firm's long-standing dividend policy; it has paid the same distribution since late 1998.

In the press release announcing the news, Cooper Tire & Rubber pointed out that the upcoming quarterly disbursement will be its 166th in a row.

The just-declared dividend annualizes to $0.42 per share. That yields 1.2% at the company's most recent closing stock price of $33.89.

The article Cooper Tire & Rubber Declares $0.105-Per-Share Dividend originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Cooper Tire & Rubber, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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