Cooper Tire Reports Q3 Results, Declares Dividend · 11/09/2006
Cooper Tire & Rubber Company announced net sales of $716 million for the quarter ending September 30, 2006, an increase of more than 28 percent vs. the third quarter of 2005. The company attributed a large part of the increase to its February 2006 acquisition of Chinese tire maker Chengshan. Based on these results, Cooper declared a dividend for the quarter of $0.105 per share of common stock, to be paid on December 29 to shareholders of record as of December 1. According to the company, the dividend was its “139th consecutive quarterly dividend.”
— Rim & Tire Wholesalers
