Bandag Incorporated’s board of directors has declared a regular quarterly dividend of $.33 per share on the company’s Common Stock, Class A Common Stock and Class B Common Stock payable 20 April for shareholders of record at the close of business on 28 March.
The board of directors of Titan International, Inc has approved a quarterly cash dividend of $.005 (half a cent) per common share for the first quarter of 2005. The cash dividend is payable 15 April, 2005, to stockholders of record on 31 March 2005.
The Canadian Tire Corporation board of directors has approved quarterly dividend payments of $0.125 to $0.145 per share, an annualised increase of 16 per cent. The company says its policy is to dividend payments equal to approximately 15 to 20 per cent of the prior year’s normalised basic net earnings per share, after giving consideration to the period end cash position, future cash flow requirements and investment opportunities.
According to media reports, Continental will probably increase its shareholders’ dividend payments. The German daily Die Welt has reported that company chairman, Manfred Wennemer, is currently considering such a step, referring to the excellent business figures in 2004. Continental AG paid 52 cents per share in 2003 financial year. According to the newspaper, the tyre manufacturer is said to have achieved its internal financial goals again in 2004.
Titan International Inc’s board of directors has approved a quarterly cash dividend of half a cent per common share for the fourth quarter of 2004. The cash dividend is payable 14 January 2005 to those recorded as stockholders on 31 December 2004.
According to German media publications, Continental AG is considering paying a higher dividend at the end of the current financial year. Chairman Manfred Wennemer told a European business magazine that because of growing earnings an increase would be possible. At the end of September Wennemer said that this year’s earnings per share (EPS) will be at least on the 2003 level of 0.52 euros. At the same time he confirmed the rather positive earning predictions for the financial year saying that 2004 will be ended with an operating profit of 855 million euros on 31 December.
Pirelli & Co SpA recorded a group net income of 131 million euros in the first half ended 30 June 2004. The figure is particularly impressive when it is compared with same time the previous year. In the first six months of 2003 the company had a net income of –21 million euros. In 2004 the group expects a significant improvement in results in all activity sectors, both at operating and net level.
The Board of Directors of Bandag, Incorporated, declared a regular quarterly dividend of $.325 per share on the Common Stock, Class A Common Stock and Class B Common Stock of the company payable October 18, 2004 to shareholders of record at the close of business on September 17, 2004.
At its Annual General Meeting, Nokian Tyres elected Mitsuhira Shimazaki, Director, Sales Administration, Bridgestone Europe, to the Nokian Tyres board of directors. A year ago, Bridgestone announced that it would take a stake in Nokian (nearly 19 per cent) for 78.34 million Euro. Also at the AGM, Nokian agreed to pay a dividend of 1.56 Euro per share.
The Board of Directors of Bandag, Incorporated, has declared a regular quarterly dividend of 0.325 US dollars per share on the Common Stock, Class A Common Stock and Class B Common Stock of the Company payable April 19, 2004 to shareholders of record at the close of business on March 19, 2004.
The ArvinMeritor, Inc., board of directors at a meeting has declared a quarterly dividend of ten cents per share on the common stock of ArvinMeritor, Inc., payable Dec. 8, 2003, to shareowners of record at the close of business on Nov. 24, 2003.
The Board of Directors of Bandag, Incorporated, (NYSE: BDG and BDGA) today declared an increase in the regular quarterly dividend from $.32 per share to $.325 per share on the Common Stock, Class A Common Stock and Class B Common Stock of the Company payable January 16, 2004 to shareholders of record at the close of business on December 19, 2003.
The Board of Directors of Titan International, Inc. (NYSE: TWI) has approved a quarterly cash
dividend of $.005 (one half cent) per common share for the third quarter of 2003. The cash dividend is payable October 15, 2003, to stockholders of record on September 30, 2003.
Despite reduced sales and net income in the second quarter, due to difficult economic conditions and currency fluctuations, Bandag has maintained its quarterly dividend of 32 cents per share.
The Board of Directors of Titan International, Inc has approved a quarterly cash dividend of $.005 (one half cent) per common share for the second quarter of 2003. The cash dividend is payable July 15, 2003, to stockholders of record on June 30, 2003.
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