Goodyear Tire & Rubber Co(NASDAQ:GT) Declares Dividend of $0.0700.

Goodyear Tire & Rubber Co (NASDAQ:GT) had declared a cash dividend of $0.0700 on Apr 12, 2016. The shares will quote ex-dividend on Apr 28, 2016 and the record date has been fixed on May 2, 2016. At Apr 12, 2016 share price, the yield comes out to be 0.9000%. The dividend payable date has been fixed on Jun 1, 2016.

In a different note, On Mar 30, 2016, Standpoint Research said it Downgrades its rating on Goodyear Tire & Rubber Co. The shares have been rated ‘Hold’ by the firm. On Feb 10, 2016, CLSA said it Upgrades its rating on Goodyear Tire & Rubber Co. The shares have been rated ‘Outperform’ by the firm. On Feb 5, 2016, Deutsche Bank said it Maintains its rating on Goodyear Tire & Rubber Co. In the research note, the firm Lowers the price-target to $34.00 per share. The shares have been rated ‘Hold’ by the firm. On Jan 14, 2016, Standpoint Research said it Upgrades its rating on Goodyear Tire & Rubber Co. The shares have been rated ‘Buy’ by the firm.

Goodyear Tire & Rubber Co (GT) made into the market gainers list on Fridays trading session with the shares advancing 0.19% or 0.06 points. Due to strong positive momentum, the stock ended at $32, which is also near the day’s high of $32.04. The stock began the session at $31.99 and the volume stood at 20,03,961 shares. The 52-week high of the shares is $35.3 and the 52 week low is $25.5. The company has a current market capitalization of $8,545 M and it has 26,70,42,490 shares in outstanding.

Goodyear Tire & Rubber Co(GT) last announced its earnings results on Feb 9, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $4.06B. Analysts had an estimated revenue of $4.02B. Earnings per share were $0.93. Analysts had estimated an EPS of $0.75.

Several Insider Transactions has been reported to the SEC. On Mar 7, 2016, Gregory L Smith (Sr VP, Global Operations) sold 21,635 shares at $32.00 per share price.Also, On Feb 3, 2016, Richard J Kramer (Chairman of the Bd, CEO & Pres) sold 29,000 shares at $28.04 per share price.On Dec 15, 2015, Daniel L Smytka (President, Asia-Pacific Region) sold 4,484 shares at $32.48 per share price, according to the Form-4 filing with the securities and exchange commission.

The Goodyear Tire & Rubber Company is a manufacturer of tires. The Company’s business is the development manufacture distribution and sale of tires and related products and services across the world. The Company operates in four segments: North America; Europe Middle East and Africa (EMEA); Latin America and Asia Pacific. The North America segment is a supplier of tires to manufacturers of automobiles motorcycles trucks and aircraft. The EMEA segment is a supplier of tires to vehicle manufacturers across the region. The Latin America segment manufactures and sells automobile and truck tires. The Asia Pacific segment sells primarily Goodyear brand tires throughout the region and also sells the Dunlop brand in Australia and New Zealand. The Company manufactures and sells tires under the Goodyear Dunlop Kelly Debica Sava and Fulda brands and various other Goodyear owned-house brands and the private-label brands of certain customers.

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