Vecima Networks Dividends and Buybacks
Dividend criteria checks 3/6
Vecima Networks is a dividend paying company with a current yield of 1.26% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
1.3%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.4% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | CA$0.220 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Vecima Networks (TSE:VCM) Is Paying Out A Dividend Of CA$0.055
Sep 21
Vecima Networks (TSE:VCM) Will Pay A Dividend Of CA$0.055
Feb 17Recent updates
Vecima Networks (TSE:VCM) Is Paying Out A Dividend Of CA$0.055
Sep 21Why Investors Shouldn't Be Surprised By Vecima Networks Inc.'s (TSE:VCM) 31% Share Price Surge
Mar 13Vecima Networks (TSE:VCM) Shareholders Will Want The ROCE Trajectory To Continue
Mar 13Vecima Networks' (TSE:VCM) Soft Earnings Are Actually Better Than They Appear
Feb 21Vecima Networks (TSE:VCM) Will Pay A Dividend Of CA$0.055
Feb 17Does Vecima Networks (TSE:VCM) Have A Healthy Balance Sheet?
Feb 16Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055
Sep 24There's Been No Shortage Of Growth Recently For Vecima Networks' (TSE:VCM) Returns On Capital
May 12We Think Vecima Networks (TSE:VCM) Can Stay On Top Of Its Debt
Jun 20At CA$14.60, Is It Time To Put Vecima Networks Inc. (TSE:VCM) On Your Watch List?
May 25We Believe Vecima Networks' (TSE:VCM) Earnings Are A Poor Guide For Its Profitability
Feb 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VCM's dividends per share have been stable in the past 10 years.
Growing Dividend: VCM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Vecima Networks Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VCM) | 1.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Communications) | 2.2% |
| Analyst forecast (VCM) (up to 3 years) | n/a |
Notable Dividend: VCM's dividend (1.26%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: VCM's dividend (1.26%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.6%), VCM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (9905.1%), VCM's dividend payments are not well covered by cash flows.