VEEM Dividend
Dividend criteria checks 2/6
VEEM is a dividend paying company with a current yield of 1.02% that is well covered by earnings.
Key information
1.0%
Dividend yield
30%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.0104 |
Earnings per share | US$0.051 |
Future Dividend Yield | 1.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VEEM.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VEEM.F's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
VEEM Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (VEEM.F) | 1.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.5% |
Industry Average (Machinery) | 1.6% |
Analyst forecast (VEEM.F) (up to 3 years) | 1.9% |
Notable Dividend: VEEM.F's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: VEEM.F's dividend (1.02%) is low compared to the top 25% of dividend payers in the US market (4.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), VEEM.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.7%), VEEM.F's dividend payments are well covered by cash flows.