Veritiv Dividend
Dividend criteria checks 2/6
Veritiv is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
3%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €20.03 |
Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 288's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 288's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Veritiv Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (288) | 1.5% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Trade Distributors) | 2.1% |
Analyst forecast in 3 Years (288) | 1.5% |
Notable Dividend: 288's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: 288's dividend (1.48%) is low compared to the top 25% of dividend payers in the German market (5.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.1%), 288's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.3%), 288's dividend payments are thoroughly covered by cash flows.