VICOM Ltd, an investment holding company, provides motor vehicle inspection, non-vehicle testing, and consultancy services in Singapore. The company offers vehicle inspection services, including inspection for petrol-driven and diesel-driven vehicles, petrol-hybrid and diesel hybrid vehicles, motorcycles, electric vehicles, power assisted bicycles, and e-scooters; vehicle assessment services; and emission test laboratory services. It also provides vehicle evaluation; motor and general insurance; road tax renewal; and other services, such as vehicle inspection and type approval system, in-vehicle unit, speed limiter check, chassis dynamometer smoke test, and car buying tips and maintenance talks services. The company offers its testing, calibration, inspection, consultancy, and training services to aerospace, marine and offshore, biotechnology, oil and petrochemical, building construction, and electronics manufacturing industries. VICOM Ltd was incorporated in 1981 and is based in Singapore. VICOM Ltd is a subsidiary of ComfortDelGro Corporation Limited.
VICOM Dividend Announcement
• VICOM announced a semi annually dividend of S$0.03 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-15
• VICOM annual dividend for 2024 was S$0.06
• VICOM annual dividend for 2023 was S$0.06
• VICOM's trailing twelve-month (TTM) dividend yield is 4.2%
• VICOM's payout ratio for the trailing twelve months (TTM) is 70.41%
• VICOM's dividend growth over the last five years (2018-2023) was -30.09% year
• VICOM's dividend growth over the last ten years (2013-2023) was -8.95% year
VICOM Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-15 | S$0.03 | semi annually | 2024-08-23 |
2024-05-02 | S$0.03 | semi annually | 2024-05-13 |
2023-08-18 | S$0.03 | semi annually | 2023-08-29 |
2023-05-04 | S$0.03 | semi annually | 2023-05-15 |
2022-08-18 | S$0.03 | semi annually | 2022-08-26 |
2022-05-05 | S$0.03 | semi annually | 2022-05-25 |
2021-08-18 | S$0.03 | semi annually | 2021-08-31 |
2021-05-05 | S$0.06 | semi annually | 2021-05-18 |
2020-05-28 | S$0.24 | semi annually | 2020-06-05 |
2020-04-29 | S$0.97 | semi annually | |
2019-08-16 | S$0.14 | semi annually | 2019-08-26 |
2019-05-02 | S$0.09 | semi annually | 2019-05-10 |
2018-08-13 | S$0.13 | semi annually | 2018-08-24 |
2018-04-30 | S$0.23 | semi annually | 2018-05-10 |
2017-08-14 | S$0.13 | semi annually | 2017-08-23 |
2017-04-28 | S$0.09 | semi annually | 2017-05-11 |
2016-08-16 | S$0.08 | semi annually | |
2016-05-03 | S$0.10 | semi annually | |
2015-08-17 | S$0.09 | semi annually | |
2015-04-27 | S$0.09 | semi annually | |
2014-08-15 | S$0.09 | semi annually | |
2014-04-29 | S$0.08 | semi annually | |
2013-08-15 | S$0.08 | semi annually | |
2013-04-30 | S$0.07 | semi annually |
VICOM Dividend per year
VICOM Dividend growth
VICOM Dividend Yield
VICOM current trailing twelve-month (TTM) dividend yield is 4.2%. Interested in purchasing VICOM stock? Use our calculator to estimate your expected dividend yield:
VICOM Financial Ratios
VICOM Dividend FAQ
Other factors to consider when evaluating VICOM 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: VICOM'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, VICOM 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, VICOM 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 VICOM 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: VICOM 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, VICOM distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: VICOM 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 VICOM'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 VICOM'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.