Stamford Tyres Dividend
Dividend criteria checks 4/6
Stamford Tyres is a dividend paying company with a current yield of 6.25% that is well covered by earnings. Next payment date is on 24th September, 2024 with an ex-dividend date of 12th September, 2024.
Key information
6.3%
Dividend yield
59%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | 24 Sep 24 |
| Ex dividend date | 12 Sep 24 |
| Dividend per share | S$0.015 |
| Earnings per share | S$0.025 |
| Dividend yield forecast | n/a |
Recent dividend updates
Stamford Tyres (SGX:S29) Is Paying Out A Dividend Of SGD0.015
Sep 11
Stamford Tyres (SGX:S29) Has Affirmed Its Dividend Of SGD0.015
Aug 28Stamford Tyres' (SGX:S29) Dividend Will Be SGD0.015
Aug 10Recent updates
Returns At Stamford Tyres (SGX:S29) Are On The Way Up
May 31Unpleasant Surprises Could Be In Store For Stamford Tyres Corporation Limited's (SGX:S29) Shares
Jan 26There May Be Reason For Hope In Stamford Tyres' (SGX:S29) Disappointing Earnings
Dec 21Stamford Tyres (SGX:S29) Is Paying Out A Dividend Of SGD0.015
Sep 11Stamford Tyres (SGX:S29) Has Affirmed Its Dividend Of SGD0.015
Aug 28Stamford Tyres' (SGX:S29) Dividend Will Be SGD0.015
Aug 10Here's Why We Think Stamford Tyres (SGX:S29) Might Deserve Your Attention Today
Jul 29Stamford Tyres (SGX:S29) Will Be Looking To Turn Around Its Returns
Jun 28Calculating The Intrinsic Value Of Stamford Tyres Corporation Limited (SGX:S29)
Mar 23Does Stamford Tyres (SGX:S29) Have A Healthy Balance Sheet?
Jan 11We Think Stamford Tyres' (SGX:S29) Solid Earnings Are Understated
Aug 05Is Stamford Tyres (SGX:S29) Headed For Trouble?
Mar 18Is Stamford Tyres (SGX:S29) Using Too Much Debt?
Jan 25Here's What's Concerning About Stamford Tyres (SGX:S29)
Dec 02
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: S29's dividend payments have been volatile in the past 10 years.
Growing Dividend: S29's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Stamford Tyres Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (S29) | 6.3% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 6.1% |
| Industry Average (Retail Distributors) | 5.9% |
| Analyst forecast (S29) (up to 3 years) | n/a |
Notable Dividend: S29's dividend (6.25%) is higher than the bottom 25% of dividend payers in the SG market (2.67%).
High Dividend: S29's dividend (6.25%) is in the top 25% of dividend payers in the SG market (6.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.3%), S29's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.9%), S29's dividend payments are well covered by cash flows.