Vitania Dividend
Dividend criteria checks 2/6
Vitania is a dividend paying company with a current yield of 5.47% that is well covered by earnings. Next payment date is on 16th September, 2024 with an ex-dividend date of 8th September, 2024.
Key information
5.5%
Dividend yield
60%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 16 Sep 24 |
| Ex dividend date | 08 Sep 24 |
| Dividend per share | ₪1.105 |
| Earnings per share | ₪1.70 |
| Dividend yield forecast | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VTNA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VTNA's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Vitania Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VTNA) | 5.5% |
| Market Bottom 25% (IL) | 2.4% |
| Market Top 25% (IL) | 6.9% |
| Industry Average (Real Estate) | 3.2% |
| Analyst forecast (VTNA) (up to 3 years) | n/a |
Notable Dividend: VTNA's dividend (5.47%) is higher than the bottom 25% of dividend payers in the IL market (2.46%).
High Dividend: VTNA's dividend (5.47%) is low compared to the top 25% of dividend payers in the IL market (6.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60%), VTNA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (175.4%), VTNA's dividend payments are not well covered by cash flows.