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Daily Dividend Report: IP, GT, THO, PAG, UTX, CAT
Wednesday, October 11, 3:19 PM ET

International Paper (NYSE:IP) declared a quarterly dividend of $0.475 per share for the period from October 1, 2017, to December 31, 2017, inclusive, on its common stock, par value $1.00. This dividend is payable on December 15, 2017, to holders of record at the close of business on November 15, 2017.

The Goodyear Tire & Rubber Company (NASDAQ:GT) has approved an increase in the company's quarterly common stock dividend to 14 cents per share from 10 cents per share. This 40 percent dividend increase represents an annual rate of 44 cents per share for 2017 and 56 cents per share for 2018. The board declared the increase effective with the dividend payable December 1, 2017, to shareholders of record on November 1, 2017.

Thor Industries (NYSE:THO) approved, at their October 10, 2017 meeting, an increase in the amount of Thor's regular quarterly dividend to $0.37 per share from $0.33 per share, an increase of 12%. The regular dividend is payable on November 7, 2017, to shareholders of record at the close of business on October 24, 2017.

Penske Automotive Group (NYSE:PAG) has approved an increase in the cash dividend to $0.33 per share for the third quarter of 2017. The dividend is payable on December 1, 2017, to shareholders of record on November 10, 2017.

United Technologies Corporation's (NYSE:UTX) declared a dividend of 70 cents per common hare. The dividend will be payable December 10 to shareowners of record at the close of business on November 17.

Caterpillar (NYSE:CAT) voted to maintain the quarterly cash dividend of seventy-eight cents per share of common stock, payable November 20, 2017, to shareholders of record at the close of business on October 23, 2017.

For MarketNewsVideo.com, I'm Sayoko Murase.

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Wednesday, October 11, 3:19 PM ET
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