Qingdao Sentury Tire Co., Ltd. develops, produces, and sells tires in China. It offers car, 4x4 and SUV, business light truck, winter, run-flat, field racing, and cross country tires, as well as aviation tires under the SENTURY, LANDSAIL, DELINTE, and GROUNDSPEED brands. The company is headquartered in Qingdao, China.
Qingdaontury Tire Dividend Announcement
• Qingdaontury Tire announced a semi annually dividend of ¥0.21 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-21
• Qingdaontury Tire annual dividend for 2024 was ¥0.62
• Qingdaontury Tire's trailing twelve-month (TTM) dividend yield is 2.51%
• Qingdaontury Tire's payout ratio for the trailing twelve months (TTM) is 14.89%
Qingdaontury Tire Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-21 | ¥0.21 | semi annually | 2024-10-21 |
| 2024-04-19 | ¥0.41 | semi annually | 2024-04-19 |
| 2022-04-29 | ¥0.17 | semi annually | 2022-04-29 |
| 2021-01-15 | ¥0.17 | semi annually | 2021-01-15 |
Qingdaontury Tire Dividend per year
Qingdaontury Tire Dividend Yield
Qingdaontury Tire current trailing twelve-month (TTM) dividend yield is 2.51%. Interested in purchasing Qingdaontury Tire stock? Use our calculator to estimate your expected dividend yield:
Qingdaontury Tire Financial Ratios
P/E ratio12.06
PEG ratio-10.03
P/B ratio1.98
ROE17.05%
Payout ratio14.89%
Current ratio4.37
Quick ratio3.54
Cash Ratio1.81
Qingdaontury Tire Dividend FAQ
Does Qingdaontury Tire stock pay dividends?
Qingdaontury Tire does not currently pay dividends to its shareholders.
Has Qingdaontury Tire ever paid a dividend?
No, Qingdaontury Tire has no a history of paying dividends to its shareholders. Qingdaontury Tire is not known for its dividend payments.
Why doesn't Qingdaontury Tire pay dividends?
There are several potential reasons why Qingdaontury Tire would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Qingdaontury Tire ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Qingdaontury Tire has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Qingdaontury Tire a dividend aristocrat?
Qingdaontury Tire is not considered a Dividend Aristocrat. 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 Qingdaontury Tire a dividend king?
Qingdaontury Tire is not classified as a "Dividend King". 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 Qingdaontury Tire a dividend stock?
No, Qingdaontury Tire is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Qingdaontury Tire stocks?
To buy Qingdaontury 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Qingdaontury 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.
Place an order: Use the brokerage's trading platform to place an order to buy Qingdaontury 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.