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.