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Giti Tire Corporation produces and sells automobile tires. The company was formerly known as Hualin Tyre Co., Ltd. and changed its name to Giti Tire Corporation in May 2005. Giti Tire Corporation was founded in 1993 and is based in Shanghai, China.

Giti Tire Dividend Announcement

Giti Tire announced a annually dividend of ¥0.27 per ordinary share which will be made payable on 2024-07-08. Ex dividend date: 2024-07-08
Giti Tire annual dividend for 2024 was ¥0.27
Giti Tire annual dividend for 2023 was ¥0.04
Giti Tire's trailing twelve-month (TTM) dividend yield is 1.52%
Giti Tire's payout ratio for the trailing twelve months (TTM) is 58.70%
Giti Tire's dividend growth over the last five years (2018-2023) was -20.18% year
Giti Tire's dividend growth over the last ten years (2013-2023) was -14.10% year

Giti Tire Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-08¥0.27annually2024-07-08
2023-07-17¥0.04annually2023-07-17
2022-07-18¥0.04annually2022-07-18
2021-07-08¥0.06annually2021-07-08
2020-08-13¥0.08annually2020-08-13
2019-06-27¥0.08annually2019-06-27
2018-06-29¥0.11annually2018-06-29
2017-06-21¥0.45annually2017-06-21
2016-05-27¥0.95annually
2015-06-19¥0.60annually
2014-06-26¥0.28annually
2013-06-27¥0.16annually

Giti Tire Dividend per year

Giti Tire Dividend growth

Giti Tire Dividend Yield

Giti Tire current trailing twelve-month (TTM) dividend yield is 1.52%. Interested in purchasing Giti Tire stock? Use our calculator to estimate your expected dividend yield:

Giti Tire Financial Ratios

P/E ratio29.32
PEG ratio-1.25
P/B ratio4.78
ROE16.78%
Payout ratio58.70%
Current ratio1.91
Quick ratio1.60
Cash Ratio0.53

Giti Tire Dividend FAQ

How much is the next Giti Tire dividend?
Giti Tire's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Giti Tire dividend. The next Giti Tire dividend will be released in July.
When is Giti Tire dividend paid?
Giti Tire pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Giti Tire pay?
The specific amount of Giti Tire dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Giti Tire's dividend history.
Does Giti Tire stock pay dividends?
Yes, Giti Tire does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Giti Tire's dividend history.
How much dividend does Giti Tire pay?
Giti Tire paid ¥0.27 in 2024, ¥0.035 in 2023, ¥0.035 in 2022, ¥0.055 in 2021, and ¥0.079 in 2020.
How often does Giti Tire pay dividends?
Giti Tire typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Giti Tire's dividend yield?
The current dividend yield for Giti Tire is 1.52%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Giti Tire's exact dividend yield.
When does Giti Tire go ex dividend?
Giti Tire's ex-dividend date for the latest dividend was on 2024-07-08. Giti Tire typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Giti Tire dividend paid?
Giti Tire pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Giti Tire increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Giti Tire will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Giti Tire dividend per share?
Giti Tire paid ¥0.27 per share in 2024 and ¥0.035 per share in 2023. The amount of dividend per share that Giti Tire pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Giti Tire a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Giti Tire a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Giti Tire a dividend stock?
Yes, Giti Tire is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Giti Tire a good dividend stock?
Whether Giti Tire is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Giti Tire has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Giti Tire as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Giti Tire pay dividends monthly?
Giti Tire typically pays dividends on a annually basis.
Does Giti Tire pay dividends quarterly?
Giti Tire currently pays dividends on a annually basis.
Has Giti Tire ever paid a dividend?
Yes, Giti Tire has a history of paying dividends to its shareholders. Giti Tire is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Giti Tire dividend stocks?
To buy Giti Tire you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Giti Tire stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Giti Tire pay dividends 2024?
Giti Tire pays dividends on a annually basis. 2024 dividend payments are in 2024-07-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Giti Tire increase its dividend in 2024?
Decisions regarding Giti Tire dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Giti Tire dividend overview you can look into the above table of dividend history.
How Giti Tire dividend works?
The Giti Tire dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Giti Tire's dividend process works:

1. Determination of Dividend: Giti Tire's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Giti Tire publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Giti Tire distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Giti Tire are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Giti Tire dividends paid?
Giti Tire dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Giti Tire sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Giti Tire distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Giti Tire declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Giti Tire pay dividends?
Giti Tire typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Giti Tire pay dividends?
The general pattern is that Giti Tire pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Giti Tire dividend safe?
The safety of Giti Tire's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Giti Tire's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Giti Tire's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.