Stamford Tyres Corporation Limited, an investment holding company, engages in the wholesale and retail of tires and wheels in South East Asia, North Asia, Africa, and internationally. The company offers tires for high performance cars, passenger cars, SUVs, light trucks, and truck radials; and radials for sports and passenger cars, light trucks, trucks, and buses, as well as for military, agriculture, and industrial solid tires. It also provides tires for the construction and mining industries; industrial and construction tires for use in skid steers, backhoes, and forklifts; and nylon bias tires for light truck, truck, agriculture, and earthmover applications. In addition, the company engages in the design and contract manufacturing of tires for proprietary brands, tire retreading, equipment trading, and servicing of motor vehicles; and manufacture and sale of aluminum alloy wheels. Further, it distributes Falken, Dunlop, Continental, and Maxam branded tires, as well as offers its proprietary brands, such as Sumo Firenza, Sumo Tire, and SSW wheels. Additionally, the company operates a retail network in Singapore and Malaysia with Mega Mart and Tyre Mart outlets that offer a range of tires, wheels, batteries, car audio, and auto accessories, as well as workshop and tire services. Stamford Tyres Corporation Limited was incorporated in 1989 and is headquartered in Singapore.
Stamford Tyres Dividend Announcement
• Stamford Tyres announced a annually dividend of S$0.01 per ordinary share which will be made payable on 2024-09-24. Ex dividend date: 2024-09-12
• Stamford Tyres annual dividend for 2024 was S$0.01
• Stamford Tyres annual dividend for 2023 was S$0.01
• Stamford Tyres's trailing twelve-month (TTM) dividend yield is 2.13%
• Stamford Tyres's payout ratio for the trailing twelve months (TTM) is 78.42%
• Stamford Tyres's dividend growth over the last five years (2018-2023) was 8.45% year
Stamford Tyres Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | S$0.01 | annually | 2024-09-24 |
2023-09-13 | S$0.01 | annually | 2023-09-25 |
2022-09-13 | S$0.01 | annually | 2022-09-23 |
2021-10-07 | S$0.01 | annually | 2021-10-20 |
2020-10-14 | S$0.01 | annually | 2020-10-29 |
2019-09-09 | S$0.01 | annually | 2019-09-20 |
2018-09-06 | S$0.01 | annually | 2018-09-21 |
2017-09-05 | S$0.01 | annually | 2017-09-18 |
2016-09-05 | S$0.01 | annually | |
2015-09-07 | S$0.01 | annually | |
2014-09-04 | S$0.01 | annually | |
2013-09-05 | S$0.01 | annually |
Stamford Tyres Dividend per year
Stamford Tyres Dividend growth
Stamford Tyres Dividend Yield
Stamford Tyres current trailing twelve-month (TTM) dividend yield is 2.13%. Interested in purchasing Stamford Tyres stock? Use our calculator to estimate your expected dividend yield:
Stamford Tyres Financial Ratios
Stamford Tyres Dividend FAQ
Other factors to consider when evaluating Stamford Tyres 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.
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1. Determination of Dividend: Stamford Tyres'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, Stamford Tyres 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, Stamford Tyres 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 Stamford Tyres 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.
1. Record Date: Stamford Tyres 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, Stamford Tyres distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Stamford Tyres 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.
To assess the safety of Stamford Tyres'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 Stamford Tyres'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.