VSTECS Holdings Limited, an investment holding company, develops information technology (IT) product channel and provides technical solution integration services in North Asia and South East Asia. It operates through three segments: Enterprise Systems, Consumer Electronics, and Cloud Computing. The Enterprise Systems segment provides enterprise system tools, such as middleware, operating systems, Unix/NT servers, databases, and storage equipment for IT infrastructure; and IT infrastructure design and implementation, training, maintenance, and support services. The Consumer Electronics segment offers finished IT products, including computers, mobile phones, drones, smart sports watches, 3D printers, game consoles, etc. The Cloud Computing segment provides cloud computing solutions and services. The company is also involved in the retail of IT products, equipment, and accessories; import and export of IT products; and provision of supply chains management and warehouse transport, electronic settlement business center, and project investment and marketing research services. It serves individuals, small and medium enterprises, large corporations, and government entities through a distribution network of resellers comprising retailers, system integrators, and corporate dealers. The company was formerly known as VST Holdings Limited and changed its name to VSTECS Holdings Limited in June 2017. VSTECS Holdings Limited was founded in 1991 and is headquartered in Central, Hong Kong.
VSTECS Dividend Announcement
• VSTECS announced a annually dividend of HK$0.26 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-06-06
• VSTECS annual dividend for 2024 was HK$0.26
• VSTECS annual dividend for 2023 was HK$0.17
• VSTECS's trailing twelve-month (TTM) dividend yield is 5.52%
• VSTECS's payout ratio for the trailing twelve months (TTM) is 28.25%
• VSTECS's dividend growth over the last five years (2018-2023) was 2.95% year
• VSTECS's dividend growth over the last ten years (2013-2023) was 9.81% year
VSTECS Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-06 | HK$0.26 | annually | 2024-07-12 |
| 2023-05-31 | HK$0.17 | annually | 2023-07-06 |
| 2022-06-01 | HK$0.27 | annually | 2022-07-07 |
| 2021-05-31 | HK$0.22 | annually | 2021-07-07 |
| 2020-06-01 | HK$0.17 | annually | 2020-07-07 |
| 2019-06-03 | HK$0.15 | annually | 2019-07-09 |
| 2018-06-04 | HK$0.15 | annually | 2018-07-10 |
| 2017-07-06 | HK$0.12 | annually | 2017-07-21 |
| 2017-05-26 | HK$0.12 | annually | |
| 2016-06-06 | HK$0.12 | annually | |
| 2015-05-22 | HK$0.12 | annually | |
| 2014-05-22 | HK$0.08 | annually | |
| 2013-05-27 | HK$0.07 | annually |
VSTECS Dividend per year
VSTECS Dividend growth
VSTECS Dividend Yield
VSTECS current trailing twelve-month (TTM) dividend yield is 5.52%. Interested in purchasing VSTECS stock? Use our calculator to estimate your expected dividend yield:
VSTECS Financial Ratios
P/E ratio7.43
PEG ratio3.57
P/B ratio0.82
ROE10.79%
Payout ratio28.25%
Current ratio1.24
Quick ratio0.85
Cash Ratio0.14
VSTECS Dividend FAQ
How much is the next VSTECS dividend?
VSTECS's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next VSTECS dividend. The next VSTECS dividend will be released in May.
When is VSTECS dividend paid?
VSTECS pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 VSTECS pay?
The specific amount of VSTECS 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 VSTECS's dividend history.
Does VSTECS stock pay dividends?
Yes, VSTECS 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 VSTECS's dividend history.
How much dividend does VSTECS pay?
VSTECS paid HK$0.257 in 2024, HK$0.17 in 2023, HK$0.27 in 2022, HK$0.22 in 2021, and HK$0.167 in 2020.
How often does VSTECS pay dividends?
VSTECS typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is VSTECS's dividend yield?
The current dividend yield for VSTECS is 5.52%. 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 VSTECS's exact dividend yield.
When does VSTECS go ex dividend?
VSTECS's ex-dividend date for the latest dividend was on 2024-06-06. VSTECS 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 VSTECS dividend paid?
VSTECS pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will VSTECS 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 VSTECS 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 VSTECS dividend per share?
VSTECS paid HK$0.257 per share in 2024 and HK$0.17 per share in 2023. The amount of dividend per share that VSTECS 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 VSTECS 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 VSTECS 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 VSTECS a dividend stock?
Yes, VSTECS is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is VSTECS a good dividend stock?
Whether VSTECS is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. VSTECS has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating VSTECS 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 VSTECS 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 VSTECS pay dividends monthly?
VSTECS typically pays dividends on a annually basis.
Does VSTECS pay dividends quarterly?
VSTECS currently pays dividends on a annually basis.
Has VSTECS ever paid a dividend?
Yes, VSTECS has a history of paying dividends to its shareholders. VSTECS is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy VSTECS dividend stocks?
To buy VSTECS 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 VSTECS 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 VSTECS 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 VSTECS pay dividends 2024?
VSTECS pays dividends on a annually basis. 2024 dividend payments are in 2024-07-12. 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 VSTECS increase its dividend in 2024?
Decisions regarding VSTECS 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 VSTECS dividend overview you can look into the above table of dividend history.
How VSTECS dividend works?
The VSTECS 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 VSTECS's dividend process works:
1. Determination of Dividend: VSTECS'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, VSTECS 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, VSTECS 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 VSTECS 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: VSTECS'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, VSTECS 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, VSTECS 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 VSTECS 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 VSTECS dividends paid?
VSTECS dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: VSTECS 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, VSTECS distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: VSTECS 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: VSTECS 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, VSTECS distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: VSTECS 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 VSTECS pay dividends?
VSTECS typically pays dividends on a annually 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 VSTECS pay dividends?
The general pattern is that VSTECS pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is VSTECS dividend safe?
The safety of VSTECS'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 VSTECS'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 VSTECS'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 VSTECS'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 VSTECS'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.