We know that Vicom is a cash-rich company that has made consecutive growth of profits year after year.

 

However,with the recent announcement of results for Q1 FY14 and with Cash & Cash Equivalent finally reaching top of 50% on the overall total asset, the question is whether the management is going to increase Vicom’s special dividend again this year?
Cash & Cash Equivalent ($m) % of Total Asset CAPEX Requirement ($m) Net FCF ($m)
2008 28.3 31.3% (4.5) 13.7
2009 42.5 40.6% (7.9) 14.7
2010 49.2 41.6% (11.1) 6.7
2011 55.2 41.2% (12.2) 5.9
2012 66.0 45….