company-logo

V2Y Corporation Ltd. provides third party administration and value-added services for extended warranty and accidental damage protection services. It is also involved in the wholesale of general products; after-sales support and call centre services; and provision of other information technology and computer services. The company was formerly known as Synagie Corporation Ltd. and changed its name to V2Y Corporation Ltd. in November 2020. V2Y Corporation Ltd. was founded in 2014 and is based in Singapore.

V2Y Dividend Announcement

V2Y announced a semi annually dividend of S$0.09 per ordinary share which will be made payable on 2020-12-16. Ex dividend date: 2020-12-07
V2Y's trailing twelve-month (TTM) dividend yield is -%

V2Y Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-12-07S$0.09semi annually2020-12-16
2020-11-12S$0.10semi annually2020-11-20

V2Y Dividend per year

V2Y Dividend Yield

V2Y current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing V2Y stock? Use our calculator to estimate your expected dividend yield:

V2Y Financial Ratios

P/E ratio-7.08
PEG ratio0.12
P/B ratio-10.44
ROE238.43%
Payout ratio0.00%
Current ratio0.38
Quick ratio0.38
Cash Ratio0.29

V2Y Dividend FAQ

Does V2Y stock pay dividends?
V2Y does not currently pay dividends to its shareholders.
Has V2Y ever paid a dividend?
No, V2Y has no a history of paying dividends to its shareholders. V2Y is not known for its dividend payments.
Why doesn't V2Y pay dividends?
There are several potential reasons why V2Y would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will V2Y ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While V2Y has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is V2Y a dividend aristocrat?
V2Y is not considered a Dividend Aristocrat. 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 V2Y a dividend king?
V2Y is not classified as a "Dividend King". 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 V2Y a dividend stock?
No, V2Y is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy V2Y stocks?
To buy V2Y 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy V2Y 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.