Dividend Investors: Don't Be Too Quick To Buy VICOM Ltd (SGX:WJP) For Its Upcoming Dividend

Simply Wall St.08-11

VICOM Ltd (SGX:WJP) stock is about to trade ex-dividend in 3 days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the ...

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The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/dividend-investors-dont-too-quick-001012340.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_sg","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dividend Investors: Don't Be Too Quick To Buy VICOM Ltd (SGX:WJP) For Its Upcoming Dividend</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDividend Investors: Don't Be Too Quick To Buy VICOM Ltd (SGX:WJP) For Its Upcoming Dividend\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-11 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/dividend-investors-dont-too-quick-001012340.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>VICOM Ltd (SGX:WJP) stock is about to trade ex-dividend in 3 days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/dividend-investors-dont-too-quick-001012340.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ISBC","symbol_name":"投资者银行","start_time":0,"source_url":"https://finance.yahoo.com/news/dividend-investors-dont-too-quick-001012340.html","article_id":"2458587636","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ZOQCmyATlYtp8ZaAQnvOpA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/3906216b8cfc9ed88e06b5e462760ad6"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/dividend-investors-dont-too-quick-001012340.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2458587636","pubTimestamp":1723335012,"sourceInfo":{"source_id":"yahoofinance_sg","name":"Yahoo Finance"},"weMediaInfo":null,"summary":"VICOM Ltd  stock is about to trade ex-dividend in 3 days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Thus, you can purchase VICOM's shares before the 15th of August in order to receive the dividend, which the company will pay on the 23rd of August.The company's next dividend payment will be S$0.028 per share, and in the last 12 months, the company paid a total of S$0.055 per share. Looking at the last 12 months of distributions, VICOM has a trailing yield of approximately 4.1% on its current stock price of S$1.34. If you buy this business for its dividend, you should have an idea of whether VICOM's dividend is reliable and sustainable. That's why we should always ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ISBC":"投资者银行","BK4211":"区域性银行","BK6520":"工商业服务概念","BK6054":"综合支持服务","WJP.SI":"维康"},"translate_title":"股息投资者：不要太快购买VICOM Ltd(SGX：WJP)即将派发的股息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ISBC":1,"WJP.SI":0.9},"content_text":"VICOM Ltd (SGX:WJP) stock is about to trade ex-dividend in 3 days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Thus, you can purchase VICOM's shares before the 15th of August in order to receive the dividend, which the company will pay on the 23rd of August. \n The company's next dividend payment will be S$0.028 per share, and in the last 12 months, the company paid a total of S$0.055 per share. Looking at the last 12 months of distributions, VICOM has a trailing yield of approximately 4.1% on its current stock price of S$1.34. If you buy this business for its dividend, you should have an idea of whether VICOM's dividend is reliable and sustainable. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing. \n View our latest analysis for VICOM \n If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. VICOM is paying out an acceptable 70% of its profit, a common payout level among most companies. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. The company paid out 96% of its free cash flow over the last year, which we think is outside the ideal range for most businesses. Companies usually need cash more than they need earnings - expenses don't pay themselves - so it's not great to see it paying out so much of its cash flow. \n VICOM paid out less in dividends than it reported in profits, but unfortunately it didn't generate enough cash to cover the dividend. Cash is king, as they say, and were VICOM to repeatedly pay dividends that aren't well covered by cashflow, we would consider this a warning sign. \n Click here to see how much of its profit VICOM paid out over the last 12 months. \n\n\n\n  SGX:WJP Historic Dividend August 11th 2024\n \n\nHave Earnings And Dividends Been Growing?\n When earnings decline, dividend companies become much harder to analyse and own safely. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. So we're not too excited that VICOM's earnings are down 4.3% a year over the past five years. \n Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Since the start of our data, 10 years ago, VICOM has lifted its dividend by approximately 1.4% a year on average. \n The Bottom Line \n From a dividend perspective, should investors buy or avoid VICOM? It's definitely not great to see earnings per share shrinking. The company paid out an acceptable percentage of its income, but an uncomfortably high percentage of its cash flow over the past year. With the way things are shaping up from a dividend perspective, we'd be inclined to steer clear of VICOM. \n With that in mind though, if the poor dividend characteristics of VICOM don't faze you, it's worth being mindful of the risks involved with this business. For example, VICOM has 2 warning signs (and 1 which is potentially serious) we think you should know about. \n Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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