VersaBank Dividends and Buybacks

Dividend criteria checks 0/6

VersaBank is a dividend paying company with a current yield of 0.52%. Next payment date is on 31st January, 2025 with an ex-dividend date of 10th January, 2025.

Key information

0.5%

Dividend yield

-0.1%

Buyback Yield

Total Shareholder Yield0.4%
Future Dividend Yield0.5%
Dividend Growth-3.7%
Next dividend pay date31 Jan 25
Ex dividend date10 Jan 25
Dividend per shareUS$0.0706
Payout ratio7%

Recent dividend and buyback updates

Recent updates

VersaBank receives approval for amendment to NCIB

Sep 21

VersaBank GAAP EPS of C$0.20, revenue of C$21.24M

Aug 31

VersaBank receives approval to purchase up to 1.7M shares

Aug 15

Upcoming Dividend Payment

TodayDec 21 2024Ex Dividend DateJan 10 2025Dividend Pay DateJan 31 202521 days from Ex DividendBuy in the next 20 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: VBNK is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: VBNK is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

VersaBank Dividend Yield vs Market
How does VBNK dividend yield compare to the market?
SegmentDividend Yield
Company (VBNK)0.5%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Banks)2.7%
Analyst forecast (VBNK) (up to 3 years)0.5%

Notable Dividend: VBNK's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: VBNK's dividend (0.52%) is low compared to the top 25% of dividend payers in the US market (4.5%).


Current Payout to Shareholders

Earnings Coverage: VBNK is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VBNK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

VersaBank is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trevor ReynoldsAcumen Capital Finance Partners Limited
Dylan SteuartiA Capital Markets
Timothy SwitzerKeefe, Bruyette, & Woods