Veren Dividend
Dividend criteria checks 2/6
Veren is a dividend paying company with a current yield of 4.69%. Next payment date is on 2nd July, 2024 with an ex-dividend date of 14th June, 2024.
Key information
4.7%
Dividend yield
108%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 02 Jul 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | CA$0.35 |
| Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
What You Can Learn From Veren Inc.'s (TSE:VRN) P/E
May 22
Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why
May 04Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?
Apr 12Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?
Mar 26Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115
Mar 08Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely
Dec 25News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts
Nov 20Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden
Oct 18Estimating The Intrinsic Value Of Crescent Point Energy Corp. (TSE:CPG)
May 04Analysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging Higher
Mar 30Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's
Mar 10Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's
Feb 11Does Crescent Point Energy (TSE:CPG) Have A Healthy Balance Sheet?
Feb 09Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10
Jan 12Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.10
Dec 25Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.08
Dec 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VRN's dividend payments have been volatile in the past 10 years.
Growing Dividend: VRN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Veren Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VRN) | 4.7% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 5.0% |
| Analyst forecast in 3 Years (VRN) | 4.5% |
Notable Dividend: VRN's dividend (4.69%) is higher than the bottom 25% of dividend payers in the Canadian market (1.87%).
High Dividend: VRN's dividend (4.69%) is low compared to the top 25% of dividend payers in the Canadian market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (108.4%), VRN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.1%), VRN's dividend payments are well covered by cash flows.