Vico International Holdings Limited, an investment holding company, distributes third-party branded petrochemicals primarily in Hong Kong, Macau, Vietnam, and Malaysia. It offers diesel; lubricant oils, including self-branded lubricant and third-party branded lubricant oils; and other petrochemicals, such as bitumen, as well as kerosene. The company also provides fleet card and transportation services. As of March 31, 2022, it operated a total number of 51, 259 fleet card accounts. The company was formerly known as Rico International Holdings Limited and changed its name to Vico International Holdings Limited in May 2017. The company was founded in 1977 and is headquartered in Cheung Sha Wan, Hong Kong. Vico International Holdings Limited is a subsidiary of Max Fortune Holdings Limited.
Vico International Dividend Announcement
• Vico International announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2022-03-25. Ex dividend date: 2022-03-08
• Vico International's trailing twelve-month (TTM) dividend yield is -%
Vico International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-03-08 | HK$0.01 | annually | 2022-03-25 |
2019-09-04 | HK$0.01 | annually | 2019-09-30 |
Vico International Dividend per year
Vico International Dividend Yield
Vico International current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Vico International stock? Use our calculator to estimate your expected dividend yield:
Vico International Financial Ratios
Vico International Dividend FAQ
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.
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