Goodyear Tire & Rubber
GTGoodyear Tire & Rubber (GT) is a multinational tire manufacturing company founded in 1898. It specializes in producing tires for various vehicles, including cars, trucks, and aircraft, and is known for its innovation in tire technology and manufacturing. As one of the largest tire companies globally, Goodyear has a significant presence in the automotive industry, providing products for both original equipment and replacement markets.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 2, 2020 | $0.16 | 2020-01-31 | 2020-02-03 |
| December 2, 2019 | $0.16 | 2019-10-31 | 2019-11-01 |
| September 3, 2019 | $0.16 | 2019-07-31 | 2019-08-01 |
| June 3, 2019 | $0.16 | 2019-04-30 | 2019-05-01 |
| March 1, 2019 | $0.16 | 2019-01-31 | 2019-02-01 |
Dividends Summary
- Consistent Payer: Goodyear Tire & Rubber has rewarded shareholders with 26 dividend payments over the past 7 years.
- Total Returned Value: Investors who held GT shares during this period received a total of $2.65 per share in dividend income.
- Latest Payout: The most recent dividend of $0.16/share was paid 2153 days ago, on March 2, 2020.
- Yield & Schedule: GT currently pays dividends quarterly with an annual yield of 6.70%.
- Dividend Growth: Since 2013, the dividend payout has grown by 220.0%, from $0.05 to $0.16.
- Dividend Reliability: GT has maintained or increased its dividend for 26 consecutive payments.
Company News
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Goodyear Tire & Rubber reported a challenging Q2 2025, with non-GAAP losses, declining revenues, and reduced segment operating income. The company's performance was partially masked by a one-time gain from the Dunlop brand sale, while continuing its 'Goodyear Forward' transformation strategy.
The global electric vehicle tires market is expected to grow from $24.53 billion in 2024 to $59.59 billion by 2034, driven by rising EV adoption, advanced tire technology, and sustainability efforts.
