VCREDIT Holdings Dividend
Dividend criteria checks 3/6
VCREDIT Holdings is a dividend paying company with a current yield of 10.31% that is well covered by earnings. Next payment date is on 10th July, 2024 with an ex-dividend date of 19th June, 2024.
Key information
10.3%
Dividend yield
24%
Payout ratio
| Industry average yield | 6.5% |
| Next dividend pay date | 10 Jul 24 |
| Ex dividend date | 19 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.93 |
| Dividend yield forecast in 3Y | 10.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2003 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2003's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| VCREDIT Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2003) | 10.3% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Consumer Finance) | 6.5% |
| Analyst forecast in 3 Years (2003) | 10.3% |
Notable Dividend: 2003's dividend (10.31%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 2003's dividend (10.31%) is in the top 25% of dividend payers in the Hong Kong market (7.95%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.4%), 2003's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2003 is paying a dividend but the company has no free cash flows.