Veritex Holdings Dividends and Buybacks
Dividend criteria checks 3/6
Veritex Holdings is a dividend paying company with a current yield of 2.62% that is well covered by earnings.
Key information
2.6%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.800 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 47Y has been paying a dividend for less than 10 years.
Growing Dividend: 47Y's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Veritex Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (47Y) | 2.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast (47Y) (up to 3 years) | 2.7% |
Notable Dividend: 47Y's dividend (2.62%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 47Y's dividend (2.62%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), 47Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 47Y's dividends in 3 years are forecast to be well covered by earnings (34.1% payout ratio).