Virgin Money UK Dividend
Dividend criteria checks 2/6
Virgin Money UK is a dividend paying company with a current yield of 2.47% that is well covered by earnings.
Key information
2.5%
Dividend yield
38%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.15 |
Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VUK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VUK's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Virgin Money UK Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (VUK) | 2.5% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Banks) | 4.9% |
Analyst forecast in 3 Years (VUK) | 5.4% |
Notable Dividend: VUK's dividend (2.47%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: VUK's dividend (2.47%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38%), VUK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VUK's dividends in 3 years are forecast to be well covered by earnings (29.1% payout ratio).