Vecima Networks Inc. provides technology solutions that empower network service providers and content providers to connect people and enterprises to information and entertainment worldwide. It offers products for the cable and broadcast industries, which provides video and broadband access to service providers, content creators, and broadcasters. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms and modules that process data from the cable network and deliver in formats suitable to be consumed on televisions and Internet devices. Its principal products include Terrace and TerraceQAM, which are designed to meet the needs of the business services verticals, such as multi-unit dwellings, hotels, motels, and resorts; and Entra distributed access platform that addresses the network migration to a distributed access architecture. The Content Delivery and Storage segment offers solutions and software for industries and customers that focus on ingesting, producing, storing, delivering, and streaming video content for live linear, video on demand, network digital video recorder, and time-shifted TV services under the MediaScaleX and ContentAgent brands. The Telematics segment provides information and analytics for the fleet managers to manage their mobile and fixed assets under the Contigo, Nero Global Tracking, and FleetLynx brands. The company was founded in 1988 and is headquartered in Victoria, Canada. Vecima Networks Inc. is a subsidiary of 684739 B.C. Ltd.
Vecima Networks Dividend Announcement
• Vecima Networks announced a quarterly dividend of C$0.06 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-22
• Vecima Networks annual dividend for 2024 was C$0.22
• Vecima Networks annual dividend for 2023 was C$0.22
• Vecima Networks's trailing twelve-month (TTM) dividend yield is 1.29%
• Vecima Networks's payout ratio for the trailing twelve months (TTM) is 27.03%
• Vecima Networks's dividend growth over the last ten years (2013-2023) was -19.81% year
Vecima Networks Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-22 | C$0.06 | quarterly | 2024-12-16 |
2024-10-11 | C$0.06 | quarterly | 2024-11-04 |
2024-05-23 | C$0.06 | quarterly | 2024-06-17 |
2024-02-22 | C$0.06 | quarterly | 2024-03-18 |
2023-11-23 | C$0.06 | quarterly | 2023-12-18 |
2023-10-12 | C$0.06 | quarterly | 2023-11-06 |
2023-05-25 | C$0.06 | quarterly | 2023-06-19 |
2023-02-23 | C$0.06 | quarterly | 2023-03-27 |
2022-11-24 | C$0.06 | quarterly | 2022-12-19 |
2022-10-06 | C$0.06 | quarterly | 2022-11-07 |
2022-05-19 | C$0.06 | quarterly | 2022-06-13 |
2022-02-24 | C$0.06 | quarterly | 2022-03-28 |
2021-11-25 | C$0.06 | quarterly | 2021-12-20 |
2021-10-07 | C$0.06 | quarterly | 2021-11-01 |
2021-05-20 | C$0.06 | quarterly | 2021-06-14 |
2021-02-25 | C$0.06 | quarterly | 2021-03-29 |
2020-11-26 | C$0.06 | quarterly | 2020-12-21 |
2020-10-08 | C$0.06 | quarterly | 2020-11-02 |
2020-05-21 | C$0.06 | quarterly | 2020-06-15 |
2020-02-20 | C$0.06 | quarterly | 2020-03-23 |
2019-11-28 | C$0.06 | quarterly | 2019-12-23 |
2019-10-10 | C$0.06 | quarterly | 2019-11-01 |
2019-05-23 | C$0.06 | quarterly | 2019-06-17 |
2019-02-21 | C$0.06 | quarterly | 2019-03-18 |
2018-11-22 | C$0.06 | quarterly | 2018-12-17 |
2018-10-11 | C$0.06 | quarterly | 2018-11-02 |
2018-05-24 | C$0.06 | quarterly | 2018-06-19 |
2018-02-23 | C$0.06 | quarterly | 2018-03-19 |
2017-11-23 | C$0.06 | quarterly | 2017-12-18 |
2017-10-12 | C$0.06 | quarterly | 2017-11-03 |
2017-05-24 | C$0.06 | quarterly | 2017-06-20 |
2017-02-23 | C$0.06 | quarterly | 2017-03-20 |
2016-11-22 | C$0.06 | quarterly | 2016-12-20 |
2016-10-07 | C$0.06 | quarterly | 2016-11-02 |
2016-05-24 | C$0.06 | quarterly | 2016-06-20 |
2016-02-23 | C$0.06 | quarterly | 2016-03-21 |
2015-11-25 | C$0.06 | quarterly | 2015-12-21 |
2015-10-07 | C$0.06 | quarterly | 2015-10-30 |
2015-05-22 | C$0.04 | quarterly | 2015-06-19 |
2015-02-20 | C$0.04 | quarterly | 2015-03-20 |
2014-11-24 | C$0.04 | quarterly | 2014-12-20 |
2014-10-02 | C$0.04 | quarterly | 2014-10-28 |
2013-12-20 | C$0.54 | quarterly | 2013-12-31 |
2013-12-04 | C$0.46 | quarterly | 2013-12-31 |
2013-03-19 | C$1.00 | quarterly | 2013-03-27 |
Vecima Networks Dividend per year
Vecima Networks Dividend growth
Vecima Networks Dividend Yield
Vecima Networks current trailing twelve-month (TTM) dividend yield is 1.29%. Interested in purchasing Vecima Networks stock? Use our calculator to estimate your expected dividend yield:
Vecima Networks Financial Ratios
Vecima Networks Dividend FAQ
Other factors to consider when evaluating Vecima Networks 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: Vecima Networks'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, Vecima Networks 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, Vecima Networks 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 Vecima Networks 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: Vecima Networks 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, Vecima Networks distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vecima Networks 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 Vecima Networks'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 Vecima Networks'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.