Guizhou Tyre Co.,Ltd. engages in the research, development, production, and sale of tires in China. It offers tires for truck/passenger cars, OTRs, agriculture and forestry machineries, industrial vehicles, and mining machineries, as well as solid and special tires under the Advance, Samson, Tornado, Chinhoo, and Jingang brands. The company also exports its products to approximately 120 countries and regions, such as the United Kingdom, Italy, South Africa, and South America. Guizhou Tyre Co.,Ltd. was founded in 1958 and is based in Guiyang, the People's Republic of China.
Guizhou Tyre Dividend Announcement
• Guizhou Tyre announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29 • Guizhou Tyre annual dividend for 2024 was ¥0.20 • Guizhou Tyre annual dividend for 2023 was ¥0.20 • Guizhou Tyre's trailing twelve-month (TTM) dividend yield is 4.07% • Guizhou Tyre's payout ratio for the trailing twelve months (TTM) is 78.91%
Guizhou Tyre current trailing twelve-month (TTM) dividend yield is 4.07%. Interested in purchasing Guizhou Tyre stock? Use our calculator to estimate your expected dividend yield:
Guizhou Tyre Financial Ratios
P/E ratio9.96
PEG ratio0.21
P/B ratio0.87
ROE9.58%
Payout ratio78.91%
Current ratio1.17
Quick ratio0.95
Cash Ratio0.45
Guizhou Tyre Dividend FAQ
How much is the next Guizhou Tyre dividend?
Guizhou Tyre's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Guizhou Tyre dividend. The next Guizhou Tyre dividend will be released in June.
When is Guizhou Tyre dividend paid?
Guizhou Tyre pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Guizhou Tyre pay?
The specific amount of Guizhou Tyre 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 Guizhou Tyre's dividend history.
Does Guizhou Tyre stock pay dividends?
Yes, Guizhou Tyre 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 Guizhou Tyre's dividend history.
How much dividend does Guizhou Tyre pay?
Guizhou Tyre paid ¥0.2 in 2024, ¥0.2 in 2023, ¥0.1 in 2022, ¥0.15 in 2021, and ¥0.04 in 2020.
How often does Guizhou Tyre pay dividends?
Guizhou Tyre 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 June.
What is Guizhou Tyre's dividend yield?
The current dividend yield for Guizhou Tyre is 4.07%. 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 Guizhou Tyre's exact dividend yield.
When does Guizhou Tyre go ex dividend?
Guizhou Tyre's ex-dividend date for the latest dividend was on 2024-05-29. Guizhou Tyre 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 Guizhou Tyre dividend paid?
Guizhou Tyre pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Guizhou Tyre 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 Guizhou Tyre 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 Guizhou Tyre dividend per share?
Guizhou Tyre paid ¥0.2 per share in 2024 and ¥0.2 per share in 2023. The amount of dividend per share that Guizhou Tyre 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 Guizhou Tyre 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 Guizhou Tyre 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 Guizhou Tyre a dividend stock?
Yes, Guizhou Tyre is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Guizhou Tyre a good dividend stock?
Whether Guizhou Tyre is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Guizhou Tyre has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Guizhou Tyre 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 Guizhou Tyre pay dividends monthly?
Guizhou Tyre typically pays dividends on a annually basis.
Does Guizhou Tyre pay dividends quarterly?
Guizhou Tyre currently pays dividends on a annually basis.
Has Guizhou Tyre ever paid a dividend?
Yes, Guizhou Tyre has a history of paying dividends to its shareholders. Guizhou Tyre is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Guizhou Tyre dividend stocks?
To buy Guizhou Tyre 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 Guizhou Tyre 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 Guizhou Tyre pay dividends 2024?
Guizhou Tyre pays dividends on a annually basis. 2024 dividend payments are in 2024-05-29. 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 Guizhou Tyre increase its dividend in 2024?
Decisions regarding Guizhou Tyre 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 Guizhou Tyre dividend overview you can look into the above table of dividend history.
How Guizhou Tyre dividend works?
The Guizhou Tyre 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 Guizhou Tyre's dividend process works:
1. Determination of Dividend: Guizhou Tyre'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, Guizhou Tyre 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, Guizhou Tyre 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 Guizhou Tyre 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 Guizhou Tyre dividends paid?
Guizhou Tyre dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Guizhou Tyre 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, Guizhou Tyre distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Guizhou Tyre 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 Guizhou Tyre pay dividends?
Guizhou Tyre 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 Guizhou Tyre pay dividends?
The general pattern is that Guizhou Tyre pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Guizhou Tyre dividend safe?
The safety of Guizhou Tyre'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 Guizhou Tyre'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 Guizhou Tyre'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.