Ventia Services Group Dividend
Dividend criteria checks 3/6
Ventia Services Group is a dividend paying company with a current yield of 4.16% that is well covered by earnings.
Key information
4.2%
Dividend yield
79%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.188 |
| Earnings per share | NZ$0.24 |
| Dividend yield forecast | 5.1% |
Recent dividend 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) | 4.2% |
| Market Bottom 25% (NZ) | 3.3% |
| Market Top 25% (NZ) | 6.1% |
| Industry Average (Construction) | 3.6% |
| Analyst forecast (VNT) (up to 3 years) | 5.1% |
Notable Dividend: VNT's dividend (4.16%) is higher than the bottom 25% of dividend payers in the NZ market (3.32%).
High Dividend: VNT's dividend (4.16%) is low compared to the top 25% of dividend payers in the NZ market (6.08%).
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.