VersaBank Dividend

Dividend criteria checks 0/6

VersaBank is a dividend paying company with a current yield of 0.68%. Next payment date is on 31st July, 2024 with an ex-dividend date of 5th July, 2024.

Key information

0.7%

Dividend yield

6%

Payout ratio

Industry average yield5.0%
Next dividend pay date31 Jul 24
Ex dividend date05 Jul 24
Dividend per sharen/a
Earnings per shareCA$1.77
Dividend yield forecast in 3Y0.7%

Recent dividend updates

Recent updates

Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report

Jun 08
Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report

VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Mar 09
VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025

Jun 27
VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025

VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025

Mar 20
VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025

VersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025

Jun 05
VersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025

VersaBank (TSE:VB) Has Announced A Dividend Of CA$0.025

Jun 10
VersaBank (TSE:VB) Has Announced A Dividend Of CA$0.025

Increases to VersaBank's (TSE:VB) CEO Compensation Might Cool off for now

Apr 16
Increases to VersaBank's (TSE:VB) CEO Compensation Might Cool off for now

What Type Of Shareholders Make Up VersaBank's (TSE:VB) Share Registry?

Mar 19
What Type Of Shareholders Make Up VersaBank's (TSE:VB) Share Registry?

Upcoming Dividend Payment

TodayJun 19 2024Ex Dividend DateJul 05 2024Dividend Pay DateJul 31 202426 days from Ex DividendBuy in the next 16 days to receive the upcoming dividend

Stability 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
How does VBNK dividend yield compare to the market?
SegmentDividend Yield
Company (VBNK)0.7%
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)6.6%
Industry Average (Banks)5.0%
Analyst forecast in 3 Years (VBNK)0.7%

Notable Dividend: VBNK's dividend (0.68%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.87%).

High Dividend: VBNK's dividend (0.68%) is low compared to the top 25% of dividend payers in the Canadian market (6.55%).


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.


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