Cooper Tire declares quarterly dividend

Cooper Tire & Rubber Co. has announced a quarterly dividend of 10.5 cents per share on common stock, payable June 27 to stockholders of record at the close of business June 2.

The dividend, announced today, marks the 169th consecutive quarterly dividend paid by Cooper Tire.

Cooper announced on May 2 that it had first-quarter profits of $45.4 million, a 19 percent decline compared to its record-setting results a year earlier.

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