V.L. Enterprise Dividends and Buybacks
Dividend criteria checks 2/6
V.L. Enterprise is a dividend paying company with a current yield of 1.6% that is well covered by earnings. Next payment date is on 11th December, 2024 with an ex-dividend date of 26th November, 2024.
Key information
1.6%
Dividend yield
0%
Buyback Yield
Total Shareholder Yield | 1.6% |
Future Dividend Yield | n/a |
Dividend Growth | -23.4% |
Next dividend pay date | 11 Dec 24 |
Ex dividend date | 26 Nov 24 |
Dividend per share | ฿0.020 |
Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VL has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
V.L. Enterprise Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (VL) | 1.6% |
Market Bottom 25% (TH) | 2.5% |
Market Top 25% (TH) | 6.7% |
Industry Average (Oil and Gas) | 6.5% |
Analyst forecast (VL) (up to 3 years) | n/a |
Notable Dividend: VL's dividend (1.6%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.52%).
High Dividend: VL's dividend (1.6%) is low compared to the top 25% of dividend payers in the TH market (6.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.1%), VL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.1%), VL's dividend payments are thoroughly covered by cash flows.