VersaBank Dividend
Dividend criteria checks 0/6
VersaBank is a dividend paying company with a current yield of 0.74%.
Key information
0.7%
Dividend yield
6%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.71 |
| Dividend yield forecast in 3Y | 0.7% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VBNK) | 0.7% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast in 3 Years (VBNK) | 0.7% |
Notable Dividend: VBNK's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: VBNK's dividend (0.74%) is low compared to the top 25% of dividend payers in the US market (4.77%).
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.