Vinh Son - Song Hinh Hydropower JSC (STC:VSH) Dividend Payout Ratio: 0.50 (As of Jun. 2026) — 30% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:VSH Vinh Son - Song Hinh Hydropower JSC STC:VSH
85 GF Score
Price ₫43,600.00
GF Value ₫47,700.52
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Vinh Son - Song Hinh Hydropower JSC Dividend Payout Ratio?

Vinh Son - Song Hinh Hydropower JSC STC:VSH 85 Dividend Payout Ratio is 0.50 as of Jun. 2026, which is 30% below its 10-year median of 0.71. GuruFocus rates STC:VSH with a GF Score™ of 85/100 and a GF Value™ of ₫47,700.52 (Fairly Valued). The stock has 3 warning signs investors should review. Among 379 Utilities - Regulated companies, Vinh Son - Song Hinh Hydropower JSC ranks worse than 85.49% 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. Vinh Son - Song Hinh Hydropower JSC's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.50.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vinh Son - Song Hinh Hydropower JSC is 0.88, which seems too high.

The historical rank and industry rank for Vinh Son - Song Hinh Hydropower JSC's Dividend Payout Ratio or its related term are showing as below:

STC:VSH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.71   Max: 1.43
Current: 0.88


During the past 13 years, the highest Dividend Payout Ratio of Vinh Son - Song Hinh Hydropower JSC was 1.43. The lowest was 0.17. And the median was 0.71.

STC:VSH's Dividend Payout Ratio is ranked worse than
85.49% of 379 companies
in the Utilities - Regulated industry
Industry Median: 0.55 vs STC:VSH: 0.88

As of today (2026-08-13), the Dividend Yield % of Vinh Son - Song Hinh Hydropower JSC is 3.44%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Vinh Son - Song Hinh Hydropower JSC was 13.59%. The lowest was 1.85%. And the median was 5.81%.

Vinh Son - Song Hinh Hydropower JSC's Dividends per Share for the months ended in Jun. 2026 was ₫500.00.

During the past 12 months, Vinh Son - Song Hinh Hydropower JSC's average Dividends Per Share Growth Rate was 75.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 44.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vinh Son - Song Hinh Hydropower JSC was 49.40% per year. The lowest was -20.60% per year. And the median was 44.20% 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.


Vinh Son - Song Hinh Hydropower JSC (STC:VSH) 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.


Vinh Son - Song Hinh Hydropower JSC Dividend Payout Ratio Related Terms


Vinh Son - Song Hinh Hydropower JSC Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Vinh Son - Song Hinh Hydropower 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.

Vinh Son - Song Hinh Hydropower JSC Dividend Payout Ratio Chart

Vinh Son - Song Hinh Hydropower JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.17 1.43 0.53 0.79

Vinh Son - Song Hinh Hydropower JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 1.12 1.09 0.88 0.50

STC:VSH vs NEE, SO, DUK: Dividend Payout Ratio Comparison

For the Utilities - Regulated Electric subindustry, Vinh Son - Song Hinh Hydropower 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.


Vinh Son - Song Hinh Hydropower JSC Dividend Payout Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Vinh Son - Song Hinh Hydropower JSC's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Vinh Son - Song Hinh Hydropower JSC's Dividend Payout Ratio falls into.


STC:VSH
85GF Score
Vinh Son - Song Hinh Hydropower JSC STC:VSH
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinh Son - Song Hinh Hydropower JSC Dividend Payout Ratio Calculation

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.

Vinh Son - Song Hinh Hydropower JSC's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=3000/ 3781.442
=0.79

Vinh Son - Song Hinh Hydropower JSC's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=500/ 1011
=0.49

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.50 mean?
Vinh Son - Song Hinh Hydropower JSC (STC:VSH) has a Dividend Payout Ratio of 0.50 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Vinh Son - Song Hinh Hydropower JSC and its competitors. This is 30% below median its historical median of 0.71. Over the past decade, Vinh Son - Song Hinh Hydropower JSC's Dividend Payout Ratio has ranged from 0.17 to 1.43. According to the industry distribution chart, Vinh Son - Song Hinh Hydropower JSC ranks #324 out of 379 companies in the Utilities - Regulated industry, placing it in the top 85.5%.
Is Vinh Son - Song Hinh Hydropower JSC's Dividend Payout Ratio too high?
Vinh Son - Song Hinh Hydropower JSC's current Dividend Payout Ratio of 0.50 is 30% below median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.43. The Utilities - Regulated industry median Dividend Payout Ratio is 0.55. Vinh Son - Song Hinh Hydropower JSC's value of 0.50 is 9.1% below this industry median. Based on the distribution chart, Vinh Son - Song Hinh Hydropower JSC ranks #324 out of 379 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Vinh Son - Song Hinh Hydropower JSC has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vinh Son - Song Hinh Hydropower JSC's Dividend Payout Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Vinh Son - Song Hinh Hydropower JSC ranks #324 out of 379 companies for Dividend Payout Ratio. This places Vinh Son - Song Hinh Hydropower JSC in the lower half of its industry. The industry median Dividend Payout Ratio is 0.55. Vinh Son - Song Hinh Hydropower JSC's value of 0.50 is 9.1% below this benchmark. Historically, Vinh Son - Song Hinh Hydropower JSC's own Dividend Payout Ratio has ranged from 0.17 to 1.43 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.55, Vinh Son - Song Hinh Hydropower JSC has consistently been below 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 an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.55, based on 379 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. Vinh Son - Song Hinh Hydropower JSC's current Dividend Payout Ratio of 0.50 is 9.1% below 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 Vinh Son - Song Hinh Hydropower JSC and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinh Son - Song Hinh Hydropower JSC's current Dividend Payout Ratio is 0.50, which is 30% below median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinh Son - Song Hinh Hydropower JSC stock overvalued right now?
Based on GuruFocus' analysis, Vinh Son - Song Hinh Hydropower JSC (STC:VSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫47,700.52, compared to a current price of ₫43,600.00 — trading 8.6% below its estimated fair value. The current Dividend Payout Ratio is 0.50, which is 30% below median its 10-year median of 0.71 and 9.1% below the Utilities - Regulated industry median of 0.55. Vinh Son - Song Hinh Hydropower JSC's overall GF Score™ is 85/100 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 Vinh Son - Song Hinh Hydropower JSC (STC:VSH), the current Dividend Payout Ratio is 0.50 as of Jun. 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 Vinh Son - Song Hinh Hydropower JSC (STC:VSH) Overvalued in 2026?

Based on GuruFocus' analysis, Vinh Son - Song Hinh Hydropower JSC stock appears to be undervalued. The current stock price of ₫43,600.00 is trading 8.6% below its estimated GF Value™ of ₫47,700.52. GuruFocus considers Vinh Son - Song Hinh Hydropower JSC to be Fairly Valued.

Key valuation signals for STC:VSH:

  • Dividend Payout Ratio: 0.50 (30% below median its 10-year median of 0.71)
  • GF Value™: ₫47,700.52 vs. price of ₫43,600.00 (8.6% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 9.1% below the Utilities - Regulated median (#324 of 379)

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


Vinh Son - Song Hinh Hydropower JSC Business Description

Address 16-17-18 Floor, Building 11, Cua Bac EVN, Ba Dinh, Ha noi, VNM
Vinh Son - Song Hinh Hydropower JSC engages in the production and sale of electricity in Vietnam. The company is also involved in the service management, operation, and maintenance of hydropower plants; management consultancy and construction supervision of hydropower plant projects; and provision of design consulting services for irrigation, transportation, and hydroelectric works. In addition, it offers consulting and supervising services for the construction of hydraulic and traffic works; performs electricity experiments; trades in materials and equipment used in the hydroelectricity industry; invests in power projects construction activities, and operates in real estate business.
85GF Score

Get the complete analysis for STC:VSH

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

₫43,600.00
Price
₫47,700.52
GF Value