Velogic Holding Dividend
Dividend criteria checks 4/6
Velogic Holding is a dividend paying company with a current yield of 6.37% that is well covered by earnings.
Key information
6.4%
Dividend yield
63%
Payout ratio
| Industry average yield | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | MU₨1.130 |
| Earnings per share | MU₨2.15 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VELG.I0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VELG.I0000's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Velogic Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VELG.I0000) | 6.4% |
| Market Bottom 25% (MU) | 3.7% |
| Market Top 25% (MU) | 5.9% |
| Industry Average (Logistics) | 6.7% |
| Analyst forecast (VELG.I0000) (up to 3 years) | n/a |
Notable Dividend: VELG.I0000's dividend (6.37%) is higher than the bottom 25% of dividend payers in the MU market (3.68%).
High Dividend: VELG.I0000's dividend (6.37%) is in the top 25% of dividend payers in the MU market (5.9%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.7%), VELG.I0000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.8%), VELG.I0000's dividend payments are well covered by cash flows.