Virgin Money UK Dividend
Dividend criteria checks 2/6
Virgin Money UK is a dividend paying company with a current yield of 1.84% that is well covered by earnings.
Key information
1.8%
Dividend yield
21%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.040 |
| Earnings per share | UK£0.19 |
| Dividend yield forecast | 4.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VMUKL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VMUKL's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Virgin Money UK Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VMUKL) | 1.8% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.6% |
| Industry Average (Banks) | 5.9% |
| Analyst forecast (VMUKL) (up to 3 years) | 4.7% |
Notable Dividend: VMUKL's dividend (1.84%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.08%).
High Dividend: VMUKL's dividend (1.84%) is low compared to the top 25% of dividend payers in the UK market (5.53%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.5%), VMUKL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VMUKL's dividends in 3 years are forecast to be well covered by earnings (29.8% payout ratio).