Veris Residential Dividends and Buybacks
Dividend criteria checks 3/6
Veris Residential is a dividend paying company with a current yield of 1.74% that is well covered by earnings. Next payment date is on 10th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
1.7%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -11.9% |
| Next dividend pay date | 10 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | €0.320 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WY4's dividend payments have been volatile in the past 10 years.
Growing Dividend: WY4's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Veris Residential Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WY4) | 1.7% |
| Market Bottom 25% (DE) | 0% |
| Market Top 25% (DE) | 0% |
| Industry Average (Residential REITs) | 0% |
| Analyst forecast (WY4) (up to 3 years) | 1.7% |
Notable Dividend: WY4's dividend (1.74%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: WY4's dividend (1.74%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.7%), WY4's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.6%), WY4's dividend payments are covered by cash flows.