Veren Dividends and Buybacks
Dividend criteria checks 3/6
Veren is a dividend paying company with a current yield of 6.11% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
6.1%
Dividend yield
-7.1%
Buyback Yield
| Total Shareholder Yield | -1.0% |
| Future Dividend Yield | 6.1% |
| Dividend Growth | -8.4% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | CA$0.460 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
We Think Veren (TSE:VRN) Can Stay On Top Of Its Debt
Aug 31
What You Can Learn From Veren Inc.'s (TSE:VRN) P/E
May 22Shareholders 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 18Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VRN) | 6.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 4.3% |
| Analyst forecast (VRN) (up to 3 years) | 6.1% |
Notable Dividend: VRN's dividend (6.11%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: VRN's dividend (6.11%) is low compared to the top 25% of dividend payers in the Canadian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.4%), VRN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40%), VRN's dividend payments are well covered by cash flows.