Tofas Türk Otomobil Fabrikasi Anonim Sirketi manufactures and sells passenger cars and light commercial vehicles in Turkey. It also produces various automotive spare parts, as well as trades in automobile and spare parts; and provides consumer financing services. The company offers its products under the Fiat, Fiat Professional, Alfa Romeo, and Jeep, as well as Opar and Magneti Marelli brands. It also exports its products. Tofas Türk Otomobil Fabrikasi Anonim Sirketi was incorporated in 1968 and is headquartered in Istanbul, Turkey.
Tofas Türk Otomobil Fabrikasi Anonim Sirketi Dividend Announcement
• Tofas Türk Otomobil Fabrikasi Anonim Sirketi announced a annually dividend of ₺20.00 per ordinary share which will be made payable on 2024-04-08. Ex dividend date: 2024-04-04 • Tofas Türk Otomobil Fabrikasi Anonim Sirketi annual dividend for 2024 was ₺20.00 • Tofas Türk Otomobil Fabrikasi Anonim Sirketi annual dividend for 2023 was ₺6.00 • Tofas Türk Otomobil Fabrikasi Anonim Sirketi's trailing twelve-month (TTM) dividend yield is 9.69% • Tofas Türk Otomobil Fabrikasi Anonim Sirketi's payout ratio for the trailing twelve months (TTM) is 189.39% • Tofas Türk Otomobil Fabrikasi Anonim Sirketi's dividend growth over the last five years (2018-2023) was 30.26% year • Tofas Türk Otomobil Fabrikasi Anonim Sirketi's dividend growth over the last ten years (2013-2023) was 20.11% year
Tofas Türk Otomobil Fabrikasi Anonim Sirketi Dividend History
Tofas Türk Otomobil Fabrikasi Anonim Sirketi Dividend per year
Tofas Türk Otomobil Fabrikasi Anonim Sirketi Dividend growth
Tofas Türk Otomobil Fabrikasi Anonim Sirketi Dividend Yield
Tofas Türk Otomobil Fabrikasi Anonim Sirketi current trailing twelve-month (TTM) dividend yield is 9.69%. Interested in purchasing Tofas Türk Otomobil Fabrikasi Anonim Sirketi stock? Use our calculator to estimate your expected dividend yield:
Tofas Türk Otomobil Fabrikasi Anonim Sirketi Financial Ratios
P/E ratio14.79
PEG ratio3.32
P/B ratio2.35
ROE17.93%
Payout ratio189.39%
Current ratio1.72
Quick ratio1.36
Cash Ratio0.58
Tofas Türk Otomobil Fabrikasi Anonim Sirketi Dividend FAQ
How much is the next Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividend?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividend. The next Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividend will be released in March.
When is Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividend paid?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi pays dividends on a annually basis. The specific dates may vary each year but are generally around March. 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi pay?
The specific amount of Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi's dividend history.
Does Tofas Türk Otomobil Fabrikasi Anonim Sirketi stock pay dividends?
Yes, Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi's dividend history.
How much dividend does Tofas Türk Otomobil Fabrikasi Anonim Sirketi pay?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi paid ₺20.0 in 2024, ₺6.0 in 2023, ₺6.4 in 2022, ₺3.0 in 2021, and ₺2.4 in 2020.
How often does Tofas Türk Otomobil Fabrikasi Anonim Sirketi pay dividends?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 March.
What is Tofas Türk Otomobil Fabrikasi Anonim Sirketi's dividend yield?
The current dividend yield for Tofas Türk Otomobil Fabrikasi Anonim Sirketi is 9.69%. 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi's exact dividend yield.
When does Tofas Türk Otomobil Fabrikasi Anonim Sirketi go ex dividend?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi's ex-dividend date for the latest dividend was on 2024-04-04. Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividend paid?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividend per share?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi paid ₺20.0 per share in 2024 and ₺6.0 per share in 2023. The amount of dividend per share that Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi a dividend stock?
Yes, Tofas Türk Otomobil Fabrikasi Anonim Sirketi is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tofas Türk Otomobil Fabrikasi Anonim Sirketi a good dividend stock?
Whether Tofas Türk Otomobil Fabrikasi Anonim Sirketi is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tofas Türk Otomobil Fabrikasi Anonim Sirketi has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi pay dividends monthly?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi typically pays dividends on a annually basis.
Does Tofas Türk Otomobil Fabrikasi Anonim Sirketi pay dividends quarterly?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi currently pays dividends on a annually basis.
Has Tofas Türk Otomobil Fabrikasi Anonim Sirketi ever paid a dividend?
Yes, Tofas Türk Otomobil Fabrikasi Anonim Sirketi has a history of paying dividends to its shareholders. Tofas Türk Otomobil Fabrikasi Anonim Sirketi is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividend stocks?
To buy Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi pay dividends 2024?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi pays dividends on a annually basis. 2024 dividend payments are in 2024-04-08. 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi increase its dividend in 2024?
Decisions regarding Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividend overview you can look into the above table of dividend history.
How Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividend works?
The Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi's dividend process works:
1. Determination of Dividend: Tofas Türk Otomobil Fabrikasi Anonim Sirketi'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, Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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, Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividends paid?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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, Tofas Türk Otomobil Fabrikasi Anonim Sirketi distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi pay dividends?
Tofas Türk Otomobil Fabrikasi Anonim Sirketi 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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi pay dividends?
The general pattern is that Tofas Türk Otomobil Fabrikasi Anonim Sirketi pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tofas Türk Otomobil Fabrikasi Anonim Sirketi dividend safe?
The safety of Tofas Türk Otomobil Fabrikasi Anonim Sirketi'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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi'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 Tofas Türk Otomobil Fabrikasi Anonim Sirketi'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.