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 yield5.0%
Next dividend pay date02 Jul 24
Ex dividend date14 Jun 24
Dividend per sharen/a
Earnings per shareCA$0.35
Dividend yield forecast in 3Y4.5%

Recent dividend updates

Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115

Mar 08
Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115

Recent updates

What You Can Learn From Veren Inc.'s (TSE:VRN) P/E

May 22
What You Can Learn From Veren Inc.'s (TSE:VRN) P/E

Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

May 04
Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?

Apr 12
Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?

Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?

Mar 26
Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?

Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115

Mar 08
Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115

Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely

Dec 25
Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely

News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts

Nov 20
News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts

Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden

Oct 18
Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden

Estimating The Intrinsic Value Of Crescent Point Energy Corp. (TSE:CPG)

May 04
Estimating The Intrinsic Value Of Crescent Point Energy Corp. (TSE:CPG)

Analysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging Higher

Mar 30
Analysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging Higher

Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 10
Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 11
Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Does Crescent Point Energy (TSE:CPG) Have A Healthy Balance Sheet?

Feb 09
Does Crescent Point Energy (TSE:CPG) Have A Healthy Balance Sheet?

Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10

Jan 12
Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10

Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.10

Dec 25
Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.10

Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.08

Dec 11
Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.08

Stability 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
How does VRN dividend yield compare to the market?
SegmentDividend 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.


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