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Stock impact report

Virco Mfg (NASDAQ:VIRC) Has Announced A Dividend Of $0.025 [Yahoo! Finance]

Virco Manufacturing Corporation (VIRC) 
US:NASDAQ Investor Relations: virco.com/investors
Company Research Source: Yahoo! Finance
The dividend yield will be 1.5% based on this payment which is still above the industry average. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Before making this announcement, Virco Mfg was earning enough to cover the dividend, but it wasn't generating any free cash flows. In general, we consider cash flow to be more important than earnings, so we would be cautious about relying on the sustainability of this dividend. Looking forward, earnings per share could rise by 44.6% over the next year if the trend from the last few years continues. If the dividend continues on this path, the payout ratio could be 32% by next year, which we think can be pretty sustainable going forward. See our latest analysis for Virco Mfg Looking back, Virco Mfg's dividend hasn't been particularly consistent. Due to this, we are a lit Show less Read more
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