VersaBank Dividends and Buybacks
Dividend criteria checks 0/6
VersaBank is a dividend paying company with a current yield of 0.42%.
Key information
0.4%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 0.4% |
| Future Dividend Yield | 0.4% |
| Dividend Growth | -3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.100 |
| Payout ratio | 6% |
Recent dividend and buyback updates
Recent updates
Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report
Jun 08
VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 09VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025
Jun 27VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025
Mar 20VersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025
Jun 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VBNK is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.
Growing Dividend: VBNK is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| VersaBank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VBNK) | 0.4% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Banks) | 4.2% |
| Analyst forecast (VBNK) (up to 3 years) | 0.4% |
Notable Dividend: VBNK's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: VBNK's dividend (0.42%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
Current Payout to Shareholders
Earnings Coverage: VBNK is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VBNK's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.