Tires & Rubber Stocks With High Dividend Yield

The table below shows Tires & Rubber Stocks With High Dividend Yields based on the Highest Market Capitalization.

Content: 

• What Are Tires & Rubber Stocks?
• Top Tires & Rubber Stocks With High Dividend Yield
• Best Tires & Rubber Stocks With High Dividend Yield In India
• Who Should Invest In Tires & Rubber Stocks With High Dividend Yield?
• How To Invest In The Tires & Rubber Stocks With High Dividend Yield In India?
• Performance Metrics Of Tires & Rubber Stocks With High Dividend Yield In India
• Benefits Of Investing In Tires & Rubber Stocks With High Dividend Yield
• Challenges Of Investing In Tires & Rubber Stocks With High Dividend Yield
• Introduction To Best Tires & Rubber Stocks With High Dividend Yield
• List Of Tires & Rubber Stocks With High Dividend Yield – FAQs

What Are Tires & Rubber Stocks?

Tires and rubber stocks are shares of companies involved in the production and distribution of tires and rubber products. These stocks offer investors exposure to the automotive and industrial sectors, benefiting from consistent demand and growth opportunities in these markets.

Investing in tires and rubber stocks provides stability due to the essential nature of their products. The automotive industry’s reliance on tires ensures a steady demand, making these stocks a reliable choice for long-term investors.

Additionally, the rubber industry supports various sectors, including manufacturing and construction. This diversification of demand can lead to potential growth opportunities, making these stocks appealing to investors seeking both income and capital appreciation.

Top Tires & Rubber Stocks With High Dividend Yield

The table below shows Top Tires & Rubber Stocks With High Dividend Yields based on 1 Year Return.

Best Tires & Rubber Stocks With High Dividend Yield In India

The table below shows the Best Tires & Rubber Stocks With High Dividend Yields In India based on 1-Month Return.

Who Should Invest In Tires & Rubber Stocks With High Dividend Yield?

Investors seeking steady income and exposure to essential industries should consider tires and rubber stocks with high dividend yields. These stocks are ideal for those looking for reliable dividends and potential capital appreciation from the automotive and industrial sectors.

Tires and rubber stocks offer stability due to consistent demand from the automotive industry. This makes them suitable for income-focused investors and those looking for a defensive addition to their portfolios, balancing more volatile investments.

Additionally, the rubber industry supports various sectors, providing diversification. This diversified demand can lead to growth opportunities, making these stocks appealing for investors seeking both steady income and potential capital appreciation.

How To Invest In The Tires & Rubber Stocks With High Dividend Yield In India?

To invest in high dividend yield tires and rubber stocks in India, research and identify companies with strong financials and consistent dividends. Open a brokerage account, use stock screeners to find suitable stocks, and diversify your portfolio to manage risk.

Start by researching reputable tires and rubber companies in India. Look for firms with solid earnings, a history of dividend payouts, and growth potential. Financial news, reports, and analysis can help identify these companies.

Next, use investment platforms or brokerage accounts to purchase these stocks. Consider consulting a financial advisor to ensure your investments align with your financial goals and risk tolerance, helping you make informed decisions.

Performance Metrics Of Tires & Rubber Stocks With High Dividend Yield In India

Performance metrics of tires and rubber stocks with high dividend yields in India include dividend yield, earnings per share (EPS), price-to-earnings (P/E) ratio, and return on equity (ROE). These metrics help investors assess profitability, valuation, and return potential from their investments.

Dividend yield shows the annual dividend income relative to the stock price, indicating potential income. High dividend yields attract income-focused investors looking for steady returns from their investments.

EPS measures a company’s profitability, indicating how much profit is allocated to each share. A higher EPS suggests better profitability. The P/E ratio compares a company’s current share price to its per-share earnings, helping evaluate if a stock is over or undervalued.

Benefits Of Investing In Tires & Rubber Stocks With High Dividend Yield

The main benefits of investing in tires and rubber stocks with high dividend yield include reliable income through regular dividends, potential for capital appreciation, and stability due to consistent demand from the automotive and industrial sectors. These stocks offer a defensive investment option in a diversified portfolio.

• Reliable Income Stream: High dividend yield tires and rubber stocks provide a steady income stream through regular dividend payments. This consistent income is beneficial for retirees or those seeking passive income, ensuring reliable cash flow regardless of market fluctuations.

• Potential for Capital Appreciation: Investing in high dividend yield tires and rubber stocks offers the potential for capital appreciation. As these companies grow and their stock prices increase, investors can benefit from both dividend income and the rising value of their investments, enhancing overall returns.

• Stability from Consistent Demand: The consistent demand from the automotive and industrial sectors provides stability to tires and rubber stocks. This makes them a defensive investment option, ideal for balancing higher-risk assets in a diversified portfolio and ensuring steady performance even during economic downturns.

Challenges Of Investing In Tires & Rubber Stocks With High Dividend Yield

The main challenges of investing in tires and rubber stocks with high dividend yield include market volatility, fluctuating raw material prices, and industry competition. These factors can impact profitability and dividend stability, making it essential for investors to conduct thorough research and risk assessment.

• Market Volatility: Tires and rubber stocks can experience significant market volatility due to economic cycles and shifts in consumer demand. This volatility can impact stock prices and dividend payouts, posing a challenge for investors seeking stable returns in an often unpredictable market environment.

• Fluctuating Raw Material Prices: The prices of raw materials like rubber and petroleum products are subject to fluctuations based on supply and demand dynamics, geopolitical factors, and environmental policies. These price changes can affect the profitability of companies, influencing their ability to maintain high dividend yields consistently.

• Intense Industry Competition: The tires and rubber industry is highly competitive, with numerous players vying for market share. This intense competition can pressure profit margins and lead to increased operational costs, impacting a company’s financial performance and its capacity to provide stable dividend payments to investors.

Introduction To Best Tires & Rubber Stocks With High Dividend Yield

Balkrishna Industries Ltd

The Market Cap of Balkrishna Industries Ltd is ₹51,510.33 crore. The stock has a yearly return of 20.87% and a one-month return of 10.19%. It is currently 4.91% away from its 52-week high.

Balkrishna Industries Limited, based in India, specializes in manufacturing and selling off-highway tires (OHT) for various specialist segments including agricultural, industrial, construction, and more. Their products are designed for a range of vehicles such as earthmovers, port and mining equipment, forestry machines, and all-terrain vehicles (ATVs).

The company caters to a diverse set of applications. In agriculture, their tires are used on tractors, harvesters, and more specialized equipment like golf carts and mobile homes. Industrially, their products support excavators, forklifts, cranes, and military trucks, among others. Their off-road offerings include tires for various types of trucks and underground mining vehicles, ensuring broad market coverage.

Apollo Tyres Ltd

The Market Cap of Apollo Tyres Ltd is ₹31,075.44 crore. The stock has a yearly return of 32.57% and a one-month return of 1.67%. It is currently 14.02% away from its 52-week high.

Apollo Tyres Limited specializes in manufacturing and selling automotive tires, operating mainly in the automobile tires, tubes, and flaps segment. The company’s market reach spans geographical segments like Asia Pacific, Middle East, and Africa (APMEA), Europe, and others. It serves various consumer niches with its distinct brands, Apollo and Vredestein.

The Apollo brand offers tires for commercial vehicles, passenger cars, two-wheelers, and specialty applications such as farm and industrial vehicles. Vredestein’s products range from car tires to tires for agricultural, industrial, and bicycle applications. Apollo Tyres has a comprehensive product lineup including passenger cars, SUVs, MUVs, light trucks, truck-bus, two-wheeler, agriculture, industrial, specialty, bicycle, off-the-road tires, and retreading materials. The company operates five manufacturing plants in India, with locations in Cochin, Vadodara, Chennai, and Andhra Pradesh.

JK Tyre & Industries Ltd

The Market Cap of JK Tyre & Industries Ltd is ₹10,410.69 crore. The stock has a yearly return of 100.05% and a one-month return of -3.90%. It is currently 38.73% away from its 52-week high.

JK Tyre & Industries Limited is a leading tyre manufacturer based in India. The company and its subsidiaries are focused on the development, manufacturing, marketing, and distribution of automotive tyres, tubes, flaps, and retreads. It operates in various segments, including India, Mexico, and others, catering to both original equipment manufacturers and the replacement market globally.

The company provides comprehensive solutions across different vehicle segments such as passenger vehicles, commercial vehicles, farming, off-the-road, and two and three-wheelers. JK Tyre’s innovations include puncture guard products and Smart Tyre technology with Tyre Pressure Monitoring Systems featuring TREEL sensors that monitor vital tyre statistics like pressure and temperature. The company supports a robust network with over 6000 dealers and 650 branded retail outlets, including Steel Wheels, Truck Wheels, and Xpress Wheels, and operates 12 manufacturing sites—nine in India and three in Mexico.

CEAT Ltd

The Market Cap of CEAT Ltd is ₹9,677.48 crore. The stock has a yearly return of 30.40% and a one-month return of -13.04%. It is currently 25.33% away from its 52-week high.

CEAT Limited is an India-based company primarily engaged in the manufacture of automotive tires, tubes, and flaps. The company produces a wide variety of tires for different vehicles, including two/three-wheelers, passenger and utility vehicles, commercial vehicles, and off-highway vehicles. Their product range includes specialized tires for cars, bikes, and scooters.

The company caters to a diverse automotive market by offering tires for numerous vehicle models like Maruti Alto, Swift, and Wagon R, as well as Hero Splendor and Bajaj Dominar. CEAT also provides tires for scooters such as Honda Activa and TVS Jupiter. Through CEAT.com, their e-commerce platform, customers can receive tires delivered to their doorstep, have them fitted at home, or pick them up from an authorized store. Additionally, CEAT has expanded its product line to include cricket bats.

TVS Srichakra Ltd

The Market Cap of TVS Srichakra Ltd is ₹3,164.81 crore. The stock has a yearly return of 38.22% and a one-month return of -6.44%. It is currently 23.32% away from its 52-week high.

TVS Srichakra Limited, based in India, manufactures and exports a variety of tires under the brands TVS Eurogrip, Eurogrip, and TVS Tyres. The company specializes in tires for two and three-wheelers, as well as off-highway applications. It operates within the Automotive Tyres, Tubes, and Flaps segment, focusing both on manufacturing and exporting.

Domestically, TVS Srichakra supplies tires to vehicle manufacturers (OEMs) and the replacement market through a robust network of depots, distributors, and retailers. Their products are distributed in over 85 countries globally. The company’s diverse product range includes tires for various vehicles and equipment, produced across two manufacturing sites in Tamil Nadu and Uttarakhand.

Tinna Rubber and Infrastructure Ltd

The Market Cap of Tinna Rubber and Infrastructure Ltd is ₹1,710.47 crore. The stock has a yearly return of 243.91% and a one-month return of 25.36%. It is currently 4.75% away from its 52-week high.

Tinna Rubber and Infrastructure Limited, based in India, specializes in recycling waste tires, also known as end-of-life tires (ELT), and producing value-added products derived from them. The company’s operations encompass the manufacturing of various rubber-based products such as crumb rubber, crumb rubber modifier (CRM), and crumb rubber modified bitumen (CRMB).

The company’s product line includes ultra-fine high-structure tyres, high tensile reclaim rubber, high carbon steel shots, high carbon steel scrap, and rubberized asphalt. Tinna Rubber also focuses on providing comprehensive solutions that cover sourcing, processing, and manufacturing, ensuring sustainable utilization of waste tires. Additionally, it has introduced innovative technologies and specialized emulsion grades for improved road surfacing and eco-friendly road solutions for rural areas.

GRP Ltd

The Market Cap of GRP Ltd is ₹973.67 crore. The stock has a yearly return of 108.50% and a one-month return of 21.42%. It is currently 14.44% away from its 52-week high.

GRP Limited is an India-based company primarily focused on manufacturing reclaim rubber. It processes used tires and nylon waste to produce reclaimed rubber and upscaled polyamide, respectively. The company also produces engineered products made from end-of-life tires, contributing to sustainability in manufacturing.

In addition to rubber and plastics, GRP Limited is involved in power generation through windmills and the production of engineering plastics, custom die forms, and polymer composite products. The company serves both domestic and international markets, operating across five business verticals: Reclaim Rubber, Engineering Plastics, Repurposed Polyolefins, Polymer Composite, and Custom Die Forms, focusing on recycling end-of-life materials into valuable products.

PTL Enterprises Ltd

The Market Cap of PTL Enterprises Ltd is ₹565.25 crore. The stock has a yearly return of 30.98% and a one-month return of 5.83%. It is currently 26.70% away from its 52-week high.

PTL Enterprises Ltd. is an India-based holding company engaged in manufacturing automobile tires, flaps, and belts. Its key products, truck-bus cross-ply tires, are produced at its plant leased to Apollo Tyres Ltd and sold under the brand name Apollo by Apollo Tyres Ltd.

The company’s portfolio includes several subsidiaries such as Sunrays Properties & Investment Co. Pvt. Ltd, Classic Industries and Exports Limited, and Sunrays Global Consultants LLP. Other subsidiaries include Vilas Polymers Ltd., CATL Singapore PTE, and various others focused on pharmaceuticals, finance, real estate, and investments.

List Of Tires & Rubber Stocks With High Dividend Yield – FAQs

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.