Vesync Co., Ltd., together with its subsidiaries, designs, develops, and sells small home appliances and smart home devices in North America, Europe, and Asia. The company offers air purifiers, humidifiers, diffusers, and vacuum cleaners under the Levoit brand name; and smart home gadgets and outdoor recreation products, as well as health monitoring devices and personal care products, such as smart fitness scales, smart nutrition scales, smart plug, smart dimmable light bulb, smart light switches, and smart foot massager under the Etekcity brand names. It also provides kitchen appliances and dining ware, including air fryers, toaster ovens, gooseneck kettles, and food dehydrators under the Cosori brand name, as well as offers a range of cooking recipes on the website, www.cosori.com. The company offers products through Amazon Seller Central and Vendor Central programs; and its websites and other e-commerce marketplaces, as well as directly to other individual or enterprise customers. Vesync Co., Ltd. was founded in 2011 and is based in Shenzhen, China.
Vesync Dividend Announcement
• Vesync announced a semi annually dividend of HK$0.09 per ordinary share which will be made payable on 2024-10-22. Ex dividend date: 2024-10-02
• Vesync annual dividend for 2024 was HK$0.25
• Vesync annual dividend for 2023 was HK$0.05
• Vesync 's trailing twelve-month (TTM) dividend yield is 0.87%
• Vesync 's payout ratio for the trailing twelve months (TTM) is 3.13%
Vesync Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-02 | HK$0.09 | semi annually | 2024-10-22 |
2024-06-28 | HK$0.16 | semi annually | 2024-07-26 |
2023-10-03 | HK$0.05 | semi annually | 2023-10-20 |
2022-06-06 | HK$0.06 | semi annually | 2022-07-28 |
2021-05-25 | HK$0.13 | semi annually | 2021-07-21 |
Vesync Dividend per year
Vesync Dividend growth
Vesync Dividend Yield
Vesync current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing Vesync stock? Use our calculator to estimate your expected dividend yield:
Vesync Financial Ratios
Vesync Dividend FAQ
Other factors to consider when evaluating Vesync 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: Vesync '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, Vesync 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, Vesync 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 Vesync 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: Vesync 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, Vesync distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vesync 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 Vesync '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 Vesync '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.