Goodyear moves to improve shareholder yield

September 15, 2016 4:30 PM

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BOSTON (Sept. 15, 2016) — Goodyear is raising its quarterly dividend by 3 cents per share, starting with the December 2016 payout, and is targeting a 2-percent shareholder yield longer term, company executives told a gathering of stock analysts in Boston today.

“The tire industry is healthy, growing and offers attractive opportunities to grow profitably,” Chairman, CEO and President Richard J. Kramer said.

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