Vestis Dividend
Dividend criteria checks 2/6
Vestis is a dividend paying company with a current yield of 1.09% that is well covered by earnings.
Key information
1.1%
Dividend yield
6%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.23 |
Dividend yield forecast in 3Y | 1.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 6TS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 6TS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Vestis Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6TS) | 1.1% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Commercial Services) | 3.8% |
Analyst forecast in 3 Years (6TS) | 1.0% |
Notable Dividend: 6TS's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.6%).
High Dividend: 6TS's dividend (1.09%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.7%), 6TS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.7%), 6TS's dividend payments are thoroughly covered by cash flows.