In a press release Wednesday, Goodyear Tire & Rubber Co. announced that the Board of Directors has approved an increase in quarterly common stock dividends.
It's a 40% increase, from 10 cents per share to 14 cents, amounting to a rate of 44 cents per share for the remainder of 2017 and 56 cents per share for 2018.
The increase is effective December 1, 2017, and applies to shareholders of record as of November 1, 2017.
Goodyear Tire and Rubber is launching their inaugural Week of Volunteering in and around Akron.
Today through June 7th, the Akron-Tiremaker will deploy more than eleven hundred employees, retirees, and their families out into the community for various volunteer efforts. And it's not just happening in Akron; the company's sent a press release stating their locations in China and Brazil will join the volunteer effort.
Other local participating companies include Akron Children's hospital, the Akron-Canton Regional Foodbank, and more.
Goodyear Tire and Rubber Director of Community Engagement Alison White joined the Ray Horner Morning Show Wednesday to discuss the new campaign. Click the link below to hear the entire interview.
Read the full press release from Goodyear below:
- Tiremaker to deploy largest-ever number of associates to volunteer in the community
- Skills-based training offered to non-profit organizations
- Students to job shadow and learn presentation skills from Goodyear associates
AKRON, Ohio, May 30, 2017 – The Goodyear Tire & Rubber Company is hosting a Week of Volunteering to inspire its associates to engage in creating a better future in their communities.
This first-time effort, happening June 1-7, 2017, involves more than 1,100 Goodyear associates, retirees and their loved ones who will provide an estimated 5,700 hours of volunteer service to Akron-area non-profit organizations. Company locations in Brazil and China will join the effort with volunteer activities in their local communities.
The Week of Volunteering builds on the company’s long-standing commitment to caring for communities where Goodyear operates. The company’s corporate responsibility platform – known as Goodyear Better Future - focuses on safe, smart and sustainable community engagement programs that engage associates and create positive community outcomes.
“Volunteerism and community engagement are part of Goodyear’s history and the foundation of our corporate social responsibility efforts,” said Richard J. Kramer, chairman, chief executive officer and president. “The Week of Volunteering represents a step to connect more of our associates with the community and to encourage them to contribute their time, skills and resources on behalf of Goodyear throughout the year.”
Through more than 60 projects, Goodyear volunteers will refurbish a camp for kids, stock community foodbanks, install smoke alarms and educate community members about road safety.
In addition to hands-on volunteer efforts that will have Goodyear associates rolling up their sleeves, the company also is offering skills-based volunteer programs where associates provide their professional skills and expertise to local non-profits. The skills-based training will include Goodyear associates providing IT consulting for non-profits, training middle school students on presentation skills, and engaging K-12 students in job shadowing activities. Non-profit representatives will also be invited to attend professional development workshops delivered by Goodyear experts in areas such as leadership development, career growth for employees and project management.
“This new Week of Volunteering and our growing emphasis on skills-based volunteerism make us excited for what’s ahead,” said Alison White, Goodyear’s director of community engagement. “We’re thrilled to empower our associates to provide their professional expertise to the community, in a way that can help make a sustained and impactful difference.”
Participating organizations in Goodyear’s Week of Volunteering include:
Goodyear is one of the world’s largest tire companies. It employs about 66,000 people and manufactures its products in 48 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear’s corporate social responsibility efforts, visit www.goodyear.com/community
The Goodyear Tire and Rubber Company is boasting a new commercial campaign that will run during games throughout the 2016 NCAA college football season.
It's been dubbed "Blimpworthy" and features the voice OF the Goodyear Blimp. The commercial chronicles the storied 60-plus-year career of the Goodyear blimp, recapping some of college footballs most celebrated moments.
Read more about the new ad campaign from Cleveland.com, and watch the commercial below: