Volex Dividends - VLX

Volex Dividends - VLX

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Stock Name Stock Symbol Market Stock Type
Volex Plc VLX London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
2.00 0.81% 250.00 16:26:34
Open Price Low Price High Price Close Price Previous Close
250.00 247.00 253.50 250.00 248.00
more quote information »
Industry Sector
ELECTRONIC & ELECTRICAL EQUIPMENT

Volex VLX Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
23/06/2022FinalGBX2.431/03/202131/03/202221/07/202222/07/202226/08/20223.6
11/11/2021InterimGBX1.230/03/202130/09/202118/11/202119/11/202114/12/20210
17/06/2021FinalGBX2.231/03/202031/03/202115/07/202116/07/202106/08/20213.3
12/11/2020InterimGBX1.130/03/202030/09/202019/11/202020/11/202015/12/20200
18/06/2020FinalGBX231/03/201931/03/202016/07/202017/07/202007/08/20202
28/05/2013FinalGBX331/03/201231/03/201304/09/201306/09/201317/10/20135
31/10/2012InterimGBX230/03/201230/09/201209/01/201311/01/201315/02/20130
29/05/2012FinalGBX301/04/201101/04/201225/07/201227/07/201224/08/20124.5
02/11/2011InterimGBX1.502/04/201102/10/201104/01/201206/01/201217/02/20120
07/06/2011FinalGBX203/04/201003/04/201127/07/201129/07/201126/08/20112
17/06/2002FinalGBX031/03/200131/03/200201/01/197001/01/197001/01/19705.5
07/11/2001InterimGBX5.530/03/200130/09/200119/12/200121/12/200122/01/20020
06/06/2001FinalGBX18.631/03/200031/03/200105/09/200107/09/200101/10/200128
08/11/2000InterimGBX9.430/03/200030/09/200018/12/200022/12/200022/01/20010
06/06/2000FinalGBX1731/03/199931/03/200029/08/200004/09/200002/10/200025.7
10/11/1999InterimGBX8.730/03/199930/09/199920/12/199924/12/199901/02/20000
09/06/1999FinalGBX15.831/03/199831/03/199931/08/199906/09/199901/10/199924
11/11/1998InterimGBX8.230/03/199830/09/199821/12/199829/12/199806/04/19990
26/08/1998FinalGBX14.7531/03/199731/03/199801/09/199807/09/199801/10/199822.5

Top Dividend Posts

Top Posts
Posted at 07/2/2023 11:24 by igoe104
What a stupid thing to put down about the earthquake affecting VLX, some people are brain dead..🤷
Posted at 25/1/2023 09:18 by ayl30
Look at L&G prefs for divi
Posted at 24/1/2023 17:15 by disc0dave45
Dope,Thanks, but from the two I've quickly looked at I don't see even sustainable earnings let alone any growth (agree with Dr B).Wish you good luck but tbh you haven't really supported why VLX isn't cheap IMO, particularly when compared to other investments you hold which actually contradict what you said, but hey yiur money your choice.
Posted at 24/1/2023 16:56 by dr biotech
I wouldn't describe any of those as "growth" stocks. Mostly just mature financials which may give a decent dividend but I doubt you'll see big capital gains. I've seen MNG tipped for a takeover multiple times, but as people move away from funds into trackers I don't see an exciting future for them. Of course your aims/needs are probably different to mine (we all want to make money of course). My portfolio yielded about 2.5% last year (and unfortunately dropped about 15%)

If a company is ex growth of course the PE will be lower - given the performance here I think 14-16 is reasonable.

Posted at 24/1/2023 16:01 by disc0dave45
Doesn't really tally with your NEX holding though. PE10, Rev CAGR avg only +0.7%, eps CAGR avg -36%, circa £1bn of debt with only a forecast profit of £86m, that's some level of debt!.I'm assuming you hold NEX, possibly a punt?, but VLX is expensive!.Each to their own I guess.
Posted at 20/1/2023 07:31 by ijamlon
Shares look good value on a CY23E P/E of 11xBased on our forecasts (which are unchanged) Volex trades on a calendarised P/E of 11x for 2023E with EV/EBITDA at 7x. This offers a significant discount to the sector average P/E of 19x and EV/EBITDA of 11x. We believe this largely reflects investor concerns regarding the group's material exposure to cyclical Consumer Electronics markets. In our view, this looks increasingly unjustified given recent outperformance is driven by a combination of price and volume within resilient categories as new customer projects come into mass production. Meanwhile, the group's diverse exposure across structural growth markets such as EV, Medical, and Industrial Technology (including high-speed) remains attractive in our view. The dividend yield is 1.7% and FCF yield is 7.2%. We reiterate our BUY rating and 380p target price which on CY23E estimates currently price in a 10% discount to sector average.
Posted at 09/1/2023 18:24 by simmsc
Shorters are getting (or trying to get hold of) the share price movements here. Short interest reported today has moved from 1% to 1.5%. Dangerous game on a stock with a good track record and near textbook financials. Ok, there is a slight amount of debt increase (but easily serviced) and VLX has had some dilution, but revenue has increased by more than shareholders have been diluted, eps has held up well and forecasts for eps are positive too (and op margins should stay strong with inflation tailing off).
Posted at 22/11/2022 09:53 by ijamlon
Stealth rally alert. VLX now up 20% this quarter, 2-3 times more than the market. Momentum looks good.
Posted at 11/11/2022 13:01 by imastu pidgitaswell
Have a look at the previous set of results, 6 months ago - the full year ones. Most of it is detailed there - taking net debt then to $95m from $27m 12 months before.

The comparisons just published are only for the first half of the year.

https://uk.advfn.com/stock-market/london/volex-VLX/share-news/Volex-PLC-Preliminary-Group-Results-FY2022/88430074

Acquisitions costs including deferred (contingent) consideration of previous acquisitions was some $55m - per the cashflow statement.

Posted at 05/9/2022 10:51 by tugwil
Toggle, got my Vlx divi in iDealing but not in Barclays.
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