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 | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$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 0LP2's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 0LP2'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 (0LP2) | 1.5% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.8% |
Industry Average (Trade Distributors) | 2.0% |
Analyst forecast in 3 Years (0LP2) | 1.5% |
Notable Dividend: 0LP2's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.26%).
High Dividend: 0LP2's dividend (1.48%) is low compared to the top 25% of dividend payers in the UK market (5.92%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.1%), 0LP2's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.3%), 0LP2's dividend payments are thoroughly covered by cash flows.