Vestjysk Bank Dividend
Dividend criteria checks 3/6
Vestjysk Bank is a dividend paying company with a current yield of 9.37% that is well covered by earnings.
Key information
9.4%
Dividend yield
50%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | DKK 0.400 |
| Earnings per share | DKK 0.83 |
| Dividend yield forecast | 9.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether VJBAC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if VJBAC's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Vestjysk Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VJBAC) | 9.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.4% |
| Industry Average (Banks) | 5.8% |
| Analyst forecast (VJBAC) (up to 3 years) | 9.4% |
Notable Dividend: VJBAC's dividend (9.37%) is higher than the bottom 25% of dividend payers in the UK market (2.08%).
High Dividend: VJBAC's dividend (9.37%) is in the top 25% of dividend payers in the UK market (5.33%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50%), VJBAC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.