Tire Company Debica S.A. manufactures and sells passenger, commercial, and truck tires under the Debica, Goodyear, Dunlop, Fulda, and Sava brands in Poland. It also offers curing bladders and membranes that are used to make tires for motorcycles, planes, passenger cars, farming vehicles, trucks, and heavy earthworks vehicles. The company sells its products through tire distributors, a franchising network, and tire service stations, as well as online stores. It also exports tires to Luxembourg, Germany, Turkey, the United States, Canada, and France. The company was formerly known as Firma Oponiarska Debica S.A. The company was founded in 1937 and is based in Debica, Poland. Tire Company Debica S.A. is a subsidiary of Goodyear S.A.
Tire Debica Dividend Announcement
• Tire Debica announced a annually dividend of zł10.30 per ordinary share which will be made payable on 2024-12-18. Ex dividend date: 2024-09-19
• Tire Debica annual dividend for 2024 was zł10.30
• Tire Debica annual dividend for 2023 was zł3.95
• Tire Debica's trailing twelve-month (TTM) dividend yield is 12.29%
• Tire Debica's payout ratio for the trailing twelve months (TTM) is 43.59%
• Tire Debica's dividend growth over the last five years (2018-2023) was -9.48% year
• Tire Debica's dividend growth over the last ten years (2013-2023) was 1.57% year
Tire Debica Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | zł10.30 | annually | 2024-12-18 |
2023-09-21 | zł3.95 | annually | 2023-12-19 |
2022-09-20 | zł2.32 | annually | 2022-12-20 |
2021-09-17 | zł3.72 | annually | 2021-12-17 |
2020-10-08 | zł4.08 | annually | 2020-12-17 |
2019-09-20 | zł4.88 | annually | 2019-12-18 |
2018-09-13 | zł6.50 | annually | 2018-12-14 |
2017-09-20 | zł2.35 | annually | 2017-12-19 |
2017-08-18 | zł2.35 | annually | |
2016-08-30 | zł2.86 | annually | |
2015-08-28 | zł3.15 | annually | |
2014-08-27 | zł4.18 | annually | |
2013-08-28 | zł3.38 | annually |
Tire Debica Dividend per year
Tire Debica Dividend growth
Tire Debica Dividend Yield
Tire Debica current trailing twelve-month (TTM) dividend yield is 12.29%. Interested in purchasing Tire Debica stock? Use our calculator to estimate your expected dividend yield:
Tire Debica Financial Ratios
Tire Debica Dividend FAQ
Other factors to consider when evaluating Tire Debica 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: Tire Debica'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, Tire Debica 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, Tire Debica 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 Tire Debica 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: Tire Debica 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, Tire Debica distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tire Debica 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 Tire Debica'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 Tire Debica'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.