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Vecima Networks (TSX:VCM) Dividend Yield % : 1.11% (As of Apr. 26, 2024)


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What is Vecima Networks Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Vecima Networks is 1.11%.

Warning Sign:

Vecima Networks Inc stock dividend yield is close to 5-year low.

The historical rank and industry rank for Vecima Networks's Dividend Yield % or its related term are showing as below:

TSX:VCM' s Dividend Yield % Range Over the Past 10 Years
Min: 0.8   Med: 2.1   Max: 29.84
Current: 1.11

During the past 13 years, the highest Dividend Yield of Vecima Networks was 29.84%. The lowest was 0.80%. And the median was 2.10%.

TSX:VCM's Dividend Yield % is ranked worse than
75.33% of 1354 companies
in the Hardware industry
Industry Median: 2.365 vs TSX:VCM: 1.11

Vecima Networks's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.59.

During the past 13 years, the highest Dividend Payout Ratio of Vecima Networks was 5.37. The lowest was 0.20. And the median was 0.62.

As of today (2024-04-26), the Forward Dividend Yield % of Vecima Networks is 1.11%.

Vecima Networks's Dividends per Share for the three months ended in Dec. 2023 was C$0.06.

During the past 10 years, the average Dividends Per Share Growth Rate was -9.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vecima Networks was 6.90% per year. The lowest was -39.60% per year. And the median was -25.90% per year.

The growth rate is calculated with least square regression.

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


Vecima Networks Dividend Yield % Historical Data

The historical data trend for Vecima Networks's Dividend Yield % 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.

* Premium members only.

Vecima Networks Dividend Yield % Chart

Vecima Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 2.11 1.35 1.35 1.25

Vecima Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 1.18 0.96 1.25 1.23 1.35

Competitive Comparison of Vecima Networks's Dividend Yield %

For the Communication Equipment subindustry, Vecima Networks's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Vecima Networks's Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vecima Networks's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Vecima Networks's Dividend Yield % falls into.



Vecima Networks Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Vecima Networks Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0552024-02-222024-02-232024-03-18Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0552023-11-232023-11-242023-12-18Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0552023-10-122023-10-132023-11-06Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0552023-05-252023-05-262023-06-19Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Vecima Networks's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.22/19.91
=1.10 %

Current Share Price is C$19.91.
Vecima Networks's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.22.

Vecima Networks's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.22/19.91
=1.10 %

Current Share Price is C$19.91.
Vecima Networks's Dividends per Share for the forward twelve months is calculated as C$0.055 * 4 = C$0.22.

* 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.


Vecima Networks  (TSX:VCM) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Vecima Networks Dividend Yield % Related Terms

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Vecima Networks (TSX:VCM) Business Description

Traded in Other Exchanges
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.

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