Vertu Motors Dividends - VTU

Vertu Motors Dividends - VTU

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Stock Name Stock Symbol Market Stock Type
Vertu Motors Plc VTU London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.05 0.1% 48.65 12:52:10
Open Price Low Price High Price Close Price Previous Close
47.00 47.00 48.90 48.60
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Industry Sector
GENERAL RETAILERS

Vertu Motors VTU Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
11/05/2022FinalGBX1.0528/02/202128/02/202230/06/202201/07/202229/07/20221.7
13/10/2021InterimGBX0.6503/03/202131/08/202116/12/202117/12/202122/01/20220
09/10/2019InterimGBX0.601/03/201929/02/202005/12/201906/12/201917/01/20200.6
08/05/2019FinalGBX1.0528/02/201828/02/201927/06/201928/06/201929/07/20191.6
10/10/2018InterimGBX0.5503/03/201831/08/201806/12/201807/12/201818/01/20190
09/05/2018FinalGBX0.9528/02/201728/02/201821/06/201822/06/201830/07/20181.5
11/10/2017InterimGBX0.5503/03/201731/08/201707/12/201708/12/201719/01/20180
10/05/2017FinalGBX0.928/02/201628/02/201729/06/201730/06/201731/07/20171.4
12/10/2016InterimGBX0.502/03/201631/08/201622/12/201623/12/201620/01/20170
11/05/2016FinalGBX0.8501/03/201529/02/201623/06/201624/06/201626/07/20161.3
14/10/2015InterimGBX0.4503/03/201531/08/201524/12/201529/12/201522/01/20160
13/05/2015FinalGBX0.728/02/201428/02/201525/06/201526/06/201528/07/20151.05
15/10/2014InterimGBX0.3503/03/201431/08/201426/12/201430/12/201423/01/20150
07/05/2014FinalGBX0.528/02/201328/02/201425/06/201427/06/201429/07/20140.75
16/10/2013InterimGBX0.2503/03/201331/08/201323/12/201327/12/201324/01/20140
21/05/2013FinalGBX0.428/02/201228/02/201326/06/201328/06/201329/07/20130.65
17/10/2012InterimGBX0.2502/03/201231/08/201202/01/201304/01/201325/01/20130
18/05/2012FinalGBX0.401/03/201129/02/201213/06/201215/06/201227/07/20120.6
19/10/2011InterimGBX0.201/03/201129/02/201204/01/201206/01/201227/01/20120
13/05/2011FinalGBX0.328/02/201028/02/201118/05/201120/05/201126/07/20110.5
18/10/2010InterimGBX0.228/02/201028/02/201105/01/201107/01/201128/01/20110

Top Dividend Posts

Top Posts
Posted at 11/11/2022 15:40 by clive7878
As I understand Helston is going to be sold to 3 concerns - vtu taking the lions share. It depends on which dealerships vtu decide to go for, & how vtu can get the best out of what they buy in respect of saving costs to achieveachieve still a low pe ratio.May be a rights issue may be better than taking on debt.
Posted at 24/10/2022 12:19 by microscope
What am i missing, is there an American company this poster is confusing with VTU?

Using US data repeatedly to knock (any) UK company is desperate - at best.

Clueless. Probably work for a VTU rival, or sacked by VTU, or similar....

'sunshine Today24 Oct '22 - 06:40 - 2368 of 2369
0 0 1
On Friday, American Express - which traditionally targets the upper classes of US society...'

,sunshine Today20 Oct '22 - 05:15 - 2349 of 2369
0 0 1
USA.

Used-Car Prices Record Largest YoY Decline Since Financial Crisis,'

'sunshine Today5 Oct '22 - 19:46 - 2319 of 2369
0 0 2
From America today.

For the week ended Sept. 28, 2022, a 30-year fixed-rate mortgage was 6.70 percent, which is more than double what it was a year ago, at 3.01 percent.'

Posted at 17/10/2022 14:31 by clive7878
For an American suiter - VTU would be pocket money - especially with the pound / dollar rate now. The fundamentals are good, and I believe VTU are a well run company,
and I believe that VTU will exceed profits expectations. There is a lot of negativity already in the share price, but how is the rise in bank rate and energy prices going to affect the profits too. One negative comment was that although the fundamentals are good, VTU has a lot of lot term liabilities, which they did say the VTU could well cope with.
The bigger stores are worried on this score too.
Thank goodness for Jeremy Hunt as the market appears to have picked up today.

Posted at 06/10/2022 19:25 by clive7878
Should be a buy in the Investors Chronicle tomorrow.

SIMPLY WALL says -
Trading at 45.1% below our estimates of fair value
Earnings are forecast to decline by an average of 16.4% for the next 3 years
Dividend of 4.57% is not well covered
Debt level is low and not considered a risk

Snowflake Analysis -
Undervalued with excellent balance sheet.

I would have thought that - as in the advfn financials - that the dividend is covered by 8 or 9 times though.
What the full years estimated profits and eps are - I must say I have since no figures, but if doubling up the 28.6m to 57.2m over 170 capitalisation then that gives a forward pe of just 3, so there is plenty of movement for a slight downturn in profits. And the company appears to be well run.

All in all - sounds ok ! Only as in all cases time will tell.
The ftse main stocks - Tesco, Sainsbury, Vodafone, Barclays - although the dividend yield seems at least now to be very good - the share prices are flat and looks like it may take several months to recover.
The

Posted at 05/10/2022 20:04 by clive7878
Trading still appears to be strong, so full years results should be quite solid.
If VTU has made 28.2m profit half way, that is quite good with a share price of £46p,
and considering the capitalisation. But what eps and profits are we looking at for the full year - I did hear that VTU expect to be ahead of expectations for the full year - but I did not hear what those expectations were. None the less if they make double £28.2m then that still puts them on a very low pe ratio.

There are always a group of people in society with good, or very good jobs who have a fair bit of money to change cars, the rest just buy what they can afford.

Times are going to get harder especially when people have to remortgage now at double the cost or more - who are on fixed rate mortgages - and then there are the 2 million that are on variable rate mortgages - than it would have been in last December.
And obviously it will affect other purchases like cars. VTU does appear to be well managed which is a bonus.

Hopefully we can look forward to more good news to come.

Posted at 29/9/2022 20:00 by clive7878
On the financials they say net asset value is 88p per share, a lot better than PDG, and there is the 4% divi.
PDG moved very little on fairly good results, maybe VTU will do the same. Many shares have hit a new low of late.

I believe VTU share price has bottomed out. It hit 38p but quickly rebounded to today price..
On fundamentals the price is beginning to look very good value after hitting 75p early on in the year.
When to buy is the question.

DEC went up today, due to the 10% yield - paying a quarterly dividend
SBRY still slides even though the dividend now is 7%
Although no good having a high dividend if one loses it in downward share price movement.

Posted at 28/9/2022 10:04 by tradingplaces1
Interims are due next week, I think Oct 5th.

Recent energy caps will save businesses money including VTU, this is probably worth a few million so this is a positive and likely to be raised as such next week.

I think you'll see a positive set of numbers probably ahead of forecasts for first 6 months. VTU still without debt so well positioned for both acquisition and share BB so I wouldn't be shocked to see another BB commitment of similar value to last time unless they require cash for large acquisition.

No one knows quite how the economy will respond in the short term and all businesses are likely to caveat their forecasts including VTU who are always conservative in respect to their forecasts.

At today's price, if you can afford to hold, this is exceptional value in my opinion, the fundamentals are solid and the business remains focused on growth with a good execution, plenty of cash, no debt and a NTAV almost twice the current share price. Remember this is just an opinion.

Posted at 06/9/2022 06:54 by purplepelmets
"Show me better value anywhere."

ZIM Integrated Shipping Services Ltd. (ZIM)
almost debt free now, and trading very well.
PE of 0.68
Dividend yield 78.94%

Makes VTU look like blue sky overpriced shyte doesn't it. VTU is cheap but not the best value bargain on the market. There are TONS of companys trading well with mkt cap way bellow TNAV.

Posted at 12/8/2022 13:03 by clive7878
VTU down as a buy today on 'Britishbulls.com' although they are down 1.4% today,

VTU is still on my watch list, as the fundamentals I feel are very good, and as microscope pointed out earlier VTU have got a better asset value and they are actually paying a dividend too. They have come off their recent highs, so even a better reason to buy. There is a strong case in the share price going higher.

I have been off line for a couple of weeks as my old pc packed up, but the new computer is far quicker than the old one.

Posted at 27/3/2022 15:07 by tole
https://www.fool.co.uk/2022/03/27/5k-to-invest-a-cheap-penny-stock-id-buy-to-hold-to-2032/£5k to invest? A cheap penny stock I'd buy to hold to 2032!I'm looking for the best penny stocks to help me make solid returns over the next decade. Here's one on my radar today.Royston Wild?Published 27 March, 12:51 pm BSTVTUHand holding pound notesImage source: Getty Images.There are plenty of top shares out there to help me make mammoth returns over the next 10 years. Heres one dirt-cheap penny stock I think could make me a fat stack of cash.A top electric vehicle-themed stockI think profits at Vertu Motors (LSE: VTU) could soar over the next decade as demand for electric vehicles (or EVs) takes off.Sales of these low-carbon vehicles are certainly rocketing right now. Latest industry figures showed that battery and hybrid vehicle sales in the UK leapt more than 120% year-on-year in February. And last week the government announced plans for 300,000 charging points to be available by 2030 in encouraging news for the industry.This would be 10 times the current level and could bolster EV sales still further. Concerns over range and ease of charging continue to influence the buying decisions of many people.Vertu Motors operates more than 150 dealerships across the UK and sells product from most of the world's leading carbuilders. It therefore has significant revenues potential as demand for low-emissions vehicles booms (today it sells nine out of 10 of the country's most popular EVs).Threats to Vertu MotorsMy main concern with buying it today is the threat of sinking revenues in the near term. This penny stock is highly sensitive to broader economic conditions so the current cost of living casts a shadow over it. The company also faces the threat of prolonged stock shortages as weak semiconductor supplies persist.Latest figures from the Society of Motor Manufacturers and Traders (SMMT) showed car production in Britain tanking 41% year-on-year last month. This was the biggest February fall for some 13 years.Problems could get even worse too if Covid-19 cases in China keep rising and chip manufacturing is hit.Why I'd still buy this penny stockThat being said, as someone who invests with a long-term view I'd still buy Vertu Motors today. The stock isn't without risk. But this is the same with any UK share and I think the car retailer could deliver delicious shareholder returns over the next decade.Besides, at current prices I think Vertu Motors could be too cheap to miss despite those aforementioned threats. The retailer's share price has slumped around 15% from January's multi-year highs. This leaves it trading on a forward price-to-earnings (P/E) ratio of 8.8 times for this fiscal year (to February 2023). This is well inside value territory of 10 times and below.Vertu Motors also offers plenty of punch from a dividend perspective at recent prices of 64.4p. A predicted 2.3p per share full-year payout results in a chunky 3.3% dividend yield.And what's more, this anticipated dividend is covered 3.5 times by expected earnings, well above the widely-regarded security benchmark of two times. This gives me confidence that Vertu Motors should make this estimated dividend even if conditions in the UK car market worsen considerably in the near term.
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