Virgin Money UK is a dividend paying company with a current yield of 1.87% that is well covered by earnings. Next payment date is on 30th July, 2024 with an ex-dividend date of 27th June, 2024.
Key information
1.9%
Dividend yield
21%
Payout ratio
Industry average yield
6.5%
Next dividend pay date
30 Jul 24
Ex dividend date
27 Jun 24
Dividend per share
n/a
Earnings per share
€0.19
Dividend yield forecast in 3Y
5.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 42YA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 42YA's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Virgin Money UK Dividend Yield vs Market
How does 42YA dividend yield compare to the market?
Segment
Dividend Yield
Company (42YA)
1.9%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Banks)
6.5%
Analyst forecast in 3 Years (42YA)
5.0%
Notable Dividend: 42YA's dividend (1.87%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 42YA's dividend (1.87%) is low compared to the top 25% of dividend payers in the German market (4.66%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.5%), 42YA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 42YA's dividends in 3 years are forecast to be well covered by earnings (30.6% payout ratio).