Veris Dividend
Dividend criteria checks 2/6
Veris is a dividend paying company with a current yield of 2.94%.
Key information
2.9%
Dividend yield
123%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.0012 |
Dividend yield forecast in 3Y | 7.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VRS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VRS has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
Veris Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (VRS) | 2.9% |
Market Bottom 25% (AU) | 2.7% |
Market Top 25% (AU) | 6.4% |
Industry Average (Professional Services) | 3.6% |
Analyst forecast in 3 Years (VRS) | 7.8% |
Notable Dividend: VRS's dividend (2.94%) is higher than the bottom 25% of dividend payers in the Australian market (2.71%).
High Dividend: VRS's dividend (2.94%) is low compared to the top 25% of dividend payers in the Australian market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (122.9%), VRS's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), VRS's dividend payments are well covered by cash flows.