Dividend yield = annual dividends / stock price. Critical metric for income investors and retirees. Vietnam pays cash dividends + stock dividends.
📊 Interpretation
- Yield < 2%: Low — growth-focused company
- Yield 2-5%: Healthy income — most dividend stocks
- Yield 5-8%: High income — check sustainability
- Yield > 10%: Warning — price probably falling (yield trap)
🎯 Sustainability Check
- Payout ratio < 70% (room to maintain dividend)
- 5+ years consistent dividends
- Free cash flow growing
- Debt manageable
📈 Vietnam Top Dividend Stocks
- PNJ, FPT, VNM, MWG, VCB — yield 4-7%, stable 5-10+ years