Vietnam Dairy Products JSC (STC:VNM) Dividend Payout Ratio : 2.37 (As of Sep. 2024)

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What is Vietnam Dairy Products JSC Dividend Payout Ratio?

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. Vietnam Dairy Products JSC's Dividend Payout Ratio for the months ended in Sep. 2024 was 2.37.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vietnam Dairy Products JSC is 0.93, which seems too high.

The historical rank and industry rank for Vietnam Dairy Products JSC's Dividend Payout Ratio or its related term are showing as below:

STC:VNM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.58 Med: 0.83 Max: 1.43
Current: 0.93

During the past 13 years, the highest Dividend Payout Ratio of Vietnam Dairy Products JSC was 1.43. The lowest was 0.58. And the median was 0.83.

STC:VNM's Dividend Payout Ratio is ranked worse than
86.54% of 973 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs STC:VNM: 0.93

As of today (2024-12-15), the Dividend Yield % of Vietnam Dairy Products JSC is 6.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Vietnam Dairy Products JSC was 7.47%. The lowest was 1.75%. And the median was 3.65%.

Vietnam Dairy Products JSC's Dividends per Share for the months ended in Sep. 2024 was ₫2,450.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -9.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vietnam Dairy Products JSC was 39.20% per year. The lowest was -9.00% per year. And the median was 4.10% 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.

Vietnam Dairy Products JSC Dividend Payout Ratio Historical Data

The historical data trend for Vietnam Dairy Products JSC'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.

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Vietnam Dairy Products JSC Dividend Payout Ratio Chart

Vietnam Dairy Products JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.82

0.85

0.58

1.43

0.77

Vietnam Dairy Products JSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															2.30	0.49	0.95	-	2.37

Competitive Comparison of Vietnam Dairy Products JSC's Dividend Payout Ratio

For the Packaged Foods subindustry, Vietnam Dairy Products JSC'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.

Vietnam Dairy Products JSC's Dividend Payout Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Vietnam Dairy Products JSC's Dividend Payout Ratio falls into.

Vietnam Dairy Products JSC Dividend Payout Ratio Calculation

Vietnam Dairy Products JSC's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2950	/	3821.829
	=	0.77

Vietnam Dairy Products JSC's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	2450	/	1032
	=	2.37

Vietnam Dairy Products JSC (STC:VNM) 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.

Vietnam Dairy Products JSC Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Vietnam Dairy Products JSC's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Vietnam Dairy Products JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vietnam Dairy Products JSC (STC:VNM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

VNM19:Thailand

Address

No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM

Website

https://www.vinamilk.com.vn

Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.

Vietnam Dairy Products JSC Headlines

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