Vtech 2016 Annual Report Download - page 34

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Investor Relations
VTech aims to develop long-term relationships with shareholders and
investors. The Group approaches this by communicating with both
institutional and retail investors on a regular basis, to ensure they
have a comprehensive picture of VTech’s business strategies, current
operations and outlook.
Shareholder Value
The Group’s goal is to create long-term sustainable value
for shareholders. VTech’s commitment to this goal has been
demonstrated over the years through share price performance,
dividend payments and index recognition.
Share Price Performance
In the financial year 2016, the highest closing price for VTech
shares was HK$110.80 (6 May 2015) and the lowest closing
price was HK$75.15 (20 January 2016). The share price
performance in the last ten years is shown in the adjacent chart.
Dividend Payments
The Group’s dividend payout ratio is linked to its operating
earnings performance, financial position and future investment
opportunities. The dividend payout ratio in the financial
year 2016 amounted to 58.2% of the profit attributable to
shareholders of the Company, against 98.9% in the financial
year 2015.
VTech has delivered sustainable returns to shareholders over
the past ten years.
0
20
40
60
80
100
120
HK$
1614 151312111009080706
VTech Share Price in Last 10 Years
(1 April 2006 – 31 March 2016)
0
50
100
150
200
250
300
US$ million %
0
20
40
60
80
100
120
182.9
07 08 09 10 11 12 13 14 15 16
215.7
105.0#
143.2
91.3
71.6
206.5
93.7
202.0
96.2
191.9
99.1
201.5
99.6
203.8
98.6
198.1
98.9
181.4
58.2
# Included a special dividend of
US30.0 cents per ordinary share
Profit attributable to shareholders
of the Company (US$ million)
Dividend payout ratio (%)
Profit Attributable to Shareholders of the Company and Dividend Payout Ratio in Last 10 Years
Source: Bloomberg Finance L.P.
30 VTech Holdings Limited Annual Report 2016
Investor Relations