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 2024-11-04. Ex dividend date: 2024-10-11
• Vecima Networks annual dividend for 2024 was C$0.17
• Vecima Networks annual dividend for 2023 was C$0.22
• Vecima Networks's trailing twelve-month (TTM) dividend yield is 1.11%
• Vecima Networks's payout ratio for the trailing twelve months (TTM) is 27.58%
• 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 |
|---|---|---|---|
| 2024-10-11 | C$0.06 | quarterly | 2024-11-04 |
| 2024-05-23 | C$0.06 | quarterly | |
| 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 1.11%. Interested in purchasing Vecima Networks stock? Use our calculator to estimate your expected dividend yield:
Vecima Networks Financial Ratios
P/E ratio24.80
PEG ratio3.97
P/B ratio2.05
ROE8.60%
Payout ratio27.58%
Current ratio1.64
Quick ratio0.61
Cash Ratio0.02
Vecima Networks Dividend FAQ
How much is the next Vecima Networks dividend?
Vecima Networks's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Vecima Networks dividend. The next Vecima Networks dividend will be released in February, May, October, or November.
When is Vecima Networks dividend paid?
Vecima Networks pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, October, and November. 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 Vecima Networks pay?
The specific amount of Vecima Networks 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 Vecima Networks's dividend history.
Does Vecima Networks stock pay dividends?
Yes, Vecima Networks 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 Vecima Networks's dividend history.
How much dividend does Vecima Networks pay?
Vecima Networks paid C$0.165 in 2024, C$0.22 in 2023, C$0.22 in 2022, C$0.22 in 2021, and C$0.22 in 2020.
How often does Vecima Networks pay dividends?
Vecima Networks typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, October, and November.
What is Vecima Networks's dividend yield?
The current dividend yield for Vecima Networks is 1.11%. 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 Vecima Networks's exact dividend yield.
When does Vecima Networks go ex dividend?
Vecima Networks's ex-dividend date for the latest dividend was on 2024-10-11. Vecima Networks 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 Vecima Networks dividend paid?
Vecima Networks pays dividends on a quarterly basis, typically around February, May, October, or November, but the exact dates can vary each year.
Will Vecima Networks 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 Vecima Networks 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 Vecima Networks dividend per share?
Vecima Networks paid C$0.165 per share in 2024 and C$0.22 per share in 2023. The amount of dividend per share that Vecima Networks 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 Vecima Networks 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 Vecima Networks 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 Vecima Networks a dividend stock?
Yes, Vecima Networks is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Vecima Networks a good dividend stock?
Whether Vecima Networks is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Vecima Networks has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Vecima Networks pay dividends monthly?
Vecima Networks typically pays dividends on a quarterly basis.
Does Vecima Networks pay dividends quarterly?
Vecima Networks currently pays dividends on a quarterly basis.
Has Vecima Networks ever paid a dividend?
Yes, Vecima Networks has a history of paying dividends to its shareholders. Vecima Networks is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Vecima Networks dividend stocks?
To buy Vecima Networks 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 Vecima Networks 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.
Place an order: Use the brokerage's trading platform to place an order to buy Vecima Networks 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 Vecima Networks pay dividends 2024?
Vecima Networks pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-04. 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 Vecima Networks increase its dividend in 2024?
Decisions regarding Vecima Networks 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 Vecima Networks dividend overview you can look into the above table of dividend history.
How Vecima Networks dividend works?
The Vecima Networks 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 Vecima Networks's dividend process works:
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. 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.
How are Vecima Networks dividends paid?
Vecima Networks dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Vecima Networks pay dividends?
Vecima Networks typically pays dividends on a quarterly 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 Vecima Networks pay dividends?
The general pattern is that Vecima Networks pays dividends around February, May, October, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Vecima Networks dividend safe?
The safety of Vecima Networks'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 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.
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.