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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 dateDividend amountDividend typePay date
2022-03-08HK$0.01annually2022-03-25
2019-09-04HK$0.01annually2019-09-30

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

P/E ratio3.03
PEG ratio0.12
P/B ratio0.32
ROE10.60%
Payout ratio0.00%
Current ratio2.85
Quick ratio2.62
Cash Ratio0.69

Vico International Dividend FAQ

Does Vico International stock pay dividends?
Vico International does not currently pay dividends to its shareholders.
Has Vico International ever paid a dividend?
No, Vico International has no a history of paying dividends to its shareholders. Vico International is not known for its dividend payments.
Why doesn't Vico International pay dividends?
There are several potential reasons why Vico International 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 Vico International 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 Vico International 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 Vico International a dividend aristocrat?
Vico International 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 Vico International a dividend king?
Vico International 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 Vico International a dividend stock?
No, Vico International 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 Vico International stocks?
To buy Vico International 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 Vico International 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.