This company has been acquired
Veritiv Dividends and Buybacks
Dividend criteria checks 2/6
Veritiv is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | -32.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 3% |
Recent dividend and buyback updates
Recent updates
Veritiv Corporation: The End Of A Volatile Era
Nov 01Veritiv: Operating Margin, A Double-Edged Sword
Aug 09Shareholders Would Enjoy A Repeat Of Veritiv's (NYSE:VRTV) Recent Growth In Returns
Aug 01
Should You Be Adding Veritiv (NYSE:VRTV) To Your Watchlist Today?
Jun 27These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Safely
May 27Why We Like The Returns At Veritiv (NYSE:VRTV)
Apr 11Here's Why We Think Veritiv (NYSE:VRTV) Is Well Worth Watching
Mar 24We Think Veritiv (NYSE:VRTV) Can Manage Its Debt With Ease
Feb 21Under The Bonnet, Veritiv's (NYSE:VRTV) Returns Look Impressive
Jan 10Veritiv: Volatile Earnings But Strong Free Cash Flow, Relative Price Strength On The Chart
Dec 21Here's Why We Think Veritiv (NYSE:VRTV) Is Well Worth Watching
Dec 15Estimating The Fair Value Of Veritiv Corporation (NYSE:VRTV)
Dec 01Veritiv Corporation Q3 Earnings Preview
Nov 07Veritiv (NYSE:VRTV) Seems To Use Debt Rather Sparingly
Oct 13Veritiv (NYSE:VRTV) Is Very Good At Capital Allocation
Aug 26Does Veritiv (NYSE:VRTV) Deserve A Spot On Your Watchlist?
Aug 10Veritiv Corporation Q2 Earnings Preview
Aug 08These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Reasonably Well
Jul 07Veritiv (NYSE:VRTV) Is Looking To Continue Growing Its Returns On Capital
May 23Is Now The Time To Put Veritiv (NYSE:VRTV) On Your Watchlist?
May 07Why Veritiv Is Still A Buy
Apr 14Is Veritiv (NYSE:VRTV) Using Too Much Debt?
Apr 06Improved Earnings Required Before Veritiv Corporation (NYSE:VRTV) Stock's 32% Jump Looks Justified
Mar 03Veritiv (NYSE:VRTV) Shareholders Will Want The ROCE Trajectory To Continue
Feb 14Is Now The Time To Put Veritiv (NYSE:VRTV) On Your Watchlist?
Jan 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether VRTV's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if VRTV's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Veritiv Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VRTV) | 1.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Trade Distributors) | 1.5% |
| Analyst forecast (VRTV) (up to 3 years) | 1.5% |
Notable Dividend: VRTV's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: VRTV's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.1%), VRTV's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.3%), VRTV's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/01 12:55 |
| End of Day Share Price | 2023/11/29 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Veritiv Corporation is covered by 5 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Scott Gaffner | Barclays |
| George Staphos | BofA Global Research |
| James Clement | Macquarie Research |