VTech Holdings (FRA:VTCB) Dividend Payout Ratio: 0.70 (As of Mar. 2026) — 28% Below Median

What is VTech Holdings Dividend Payout Ratio?

VTech Holdings FRA:VTCB 80 Dividend Payout Ratio is 0.70 as of Mar. 2026, which is 28% below its 10-year median of 0.97. GuruFocus rates FRA:VTCB with a GF Score™ of 80/100 and a GF Value™ of €5.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,212 Hardware companies, VTech Holdings ranks worse than 86.63% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. VTech Holdings's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.70.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of VTech Holdings Ltd is 1.14, which seems too high.

The historical rank and industry rank for VTech Holdings's Dividend Payout Ratio or its related term are showing as below:

FRA:VTCB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.58 Med: 0.97 Max: 1.33
Current: 1.14

During the past 13 years, the highest Dividend Payout Ratio of VTech Holdings was 1.33. The lowest was 0.58. And the median was 0.97.

FRA:VTCB's Dividend Payout Ratio is ranked worse than
86.63% of 1212 companies
in the Hardware industry
Industry Median: 0.47 vs FRA:VTCB: 1.14

As of today (2026-07-01), the Dividend Yield % of VTech Holdings is 9.39%.

During the past 13 years, the highest Trailing Annual Dividend Yield of VTech Holdings was 16.51%. The lowest was 2.58%. And the median was 8.33%.

VTech Holdings's Dividends per Share for the months ended in Mar. 2026 was €0.15.

During the past 12 months, VTech Holdings's average Dividends Per Share Growth Rate was -5.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of VTech Holdings was 128.60% per year. The lowest was -55.90% per year. And the median was 4.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

VTech Holdings (FRA:VTCB) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

VTech Holdings Dividend Payout Ratio Related Terms

VTech Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for VTech Holdings's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VTech Holdings Dividend Payout Ratio Chart

VTech Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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1.33

1.15

0.90

1.05

1.14

VTech Holdings Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.59	1.39	0.62	1.50	0.70

FRA:VTCB vs CSCO, CIEN, MSI: Dividend Payout Ratio Comparison

For the Communication Equipment subindustry, VTech Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

VTech Holdings Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, VTech Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where VTech Holdings's Dividend Payout Ratio falls into.

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80GF Score

VTech Holdings Ltd FRA:VTCB

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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VTech Holdings Dividend Payout Ratio Calculation

VTech Holdings's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2026 )	/	EPS without NRI (A: Mar. 2026 )
	=	0.528	/	0.463
	=	1.14

VTech Holdings's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.147	/	0.209
	=	0.70

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.70 mean?

VTech Holdings (FRA:VTCB) has a Dividend Payout Ratio of 0.70 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on VTech Holdings and its competitors. This is 28% below median its historical median of 0.97. Over the past decade, VTech Holdings' Dividend Payout Ratio has ranged from 0.58 to 1.33. According to the industry distribution chart, VTech Holdings ranks #1050 out of 1212 companies in the Hardware industry, placing it in the top 86.6%.

Is VTech Holdings' Dividend Payout Ratio too high?

VTech Holdings' current Dividend Payout Ratio of 0.70 is 28% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.33. The Hardware industry median Dividend Payout Ratio is 0.47. VTech Holdings' value of 0.70 is 48.9% above this industry median. Based on the distribution chart, VTech Holdings ranks #1050 out of 1212 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, VTech Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does VTech Holdings' Dividend Payout Ratio compare to CSCO and CIEN?

According to the Hardware industry distribution chart, VTech Holdings ranks #1050 out of 1212 companies for Dividend Payout Ratio. This places VTech Holdings in the lower half of its industry. The industry median Dividend Payout Ratio is 0.47. VTech Holdings' value of 0.70 is 48.9% above this benchmark. Historically, VTech Holdings' own Dividend Payout Ratio has ranged from 0.58 to 1.33 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.47, VTech Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Hardware company?

The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,212 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VTech Holdings's current Dividend Payout Ratio of 0.70 is 48.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on VTech Holdings and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VTech Holdings's current Dividend Payout Ratio is 0.70, which is 28% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is VTech Holdings stock overvalued right now?

Based on GuruFocus' analysis, VTech Holdings (FRA:VTCB) is currently considered Fairly Valued. The stock's GF Value™ is €5.57, compared to a current price of €5.60 — trading 0.5% above its estimated fair value. The current Dividend Payout Ratio is 0.70, which is 28% below median its 10-year median of 0.97 and 48.9% above the Hardware industry median of 0.47. VTech Holdings' overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For VTech Holdings (FRA:VTCB), the current Dividend Payout Ratio is 0.70 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VTech Holdings (FRA:VTCB) Overvalued in 2026?

Based on GuruFocus' analysis, VTech Holdings stock appears to be overvalued. The current stock price of €5.60 is trading 0.5% above its estimated GF Value™ of €5.57. GuruFocus considers VTech Holdings to be Fairly Valued.

Key valuation signals for FRA:VTCB:

Dividend Payout Ratio: 0.70 (28% below median its 10-year median of 0.97)
GF Value™: €5.57 vs. price of €5.60 (0.5% above fair value)
GF Score™: 80/100 with 3 warning signs
Industry Position: 48.9% above the Hardware median (#1050 of 1212)

No single metric tells the full story. See the FRA:VTCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

VTech Holdings Business Description

Industry Technology Hardware

Comparable Companies HKSE:00901 HKSE:03355 HKSE:01523 HKSE:01300 HKSE:02342 HKSE:09963 HKSE:01473 HKSE:01617 HKSE:01085 HKSE:01202 CSCO SZSE:300308 SHSE:601138 SZSE:300502 OHEL:NOKIA CIEN MSI LITE HPE SZSE:300394

Other Exchanges VTKLY:USA VTKLF:USA 00303:Hong Kong

Address Block 1, 57 Ting Kok Road, 23rd Floor, Tai Ping Industrial Centre, Tai Po, New Territories, Hong Kong, HKG

Website https://www.vtech.com

VTech Holdings Ltd is engaged in the designing, manufacturing, and distribution of consumer electronic products. It also provides contract manufacturing services. The company's diverse collection of products includes Telephone Products, Business Phones, Electronic Learning Toys, Baby Monitors, and Hospitality Products. In addition, it offers turnkey services to customers in several product categories. The company operates through four reportable segments: North America, (including the United States and Canada), Europe, Asia Pacific, and Others, which covers sales of electronic products to the rest of the world. It generates maximum revenue from Europe.

80GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.60

Price

€5.57

GF Value

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