Ventia Services Group Dividends and Buybacks
Dividend criteria checks 3/6
Ventia Services Group is a dividend paying company with a current yield of 4.06% that is well covered by earnings.
Key information
4.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 28.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.188 |
| Payout ratio | 79% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, VNT has been paying a dividend for less than 10 years.
Growing Dividend: VNT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Ventia Services Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VNT) | 4.1% |
| Market Bottom 25% (NZ) | 3.4% |
| Market Top 25% (NZ) | 6.0% |
| Industry Average (Construction) | 3.6% |
| Analyst forecast (VNT) (up to 3 years) | 5.0% |
Notable Dividend: VNT's dividend (4.06%) is higher than the bottom 25% of dividend payers in the NZ market (3.37%).
High Dividend: VNT's dividend (4.06%) is low compared to the top 25% of dividend payers in the NZ market (6.02%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.1%), VNT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.3%), VNT's dividend payments are covered by cash flows.