Vestis Dividends and Buybacks
Dividend criteria checks 2/6
Vestis is a dividend paying company with a current yield of 0.85% that is well covered by earnings. Next payment date is on 6th January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
0.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0.9% |
| Dividend Growth | 9.6% |
| Next dividend pay date | 06 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$0.140 |
| Payout ratio | 88% |
Recent dividend and buyback updates
Recent updates
Vestis Corp: Waiting For More Signs Of Successful Turnaround
Nov 25Vestis (NYSE:VSTS) Has Affirmed Its Dividend Of $0.035
Nov 25
Vestis: Stability Increases, Challenges Remain
Aug 21We Think That There Are More Issues For Vestis (NYSE:VSTS) Than Just Sluggish Earnings
Aug 19Is Vestis (NYSE:VSTS) Using Too Much Debt?
Jun 16Vestis: Rising Concerns Cast Shadows On Future Prospects
Jun 09Vestis Q1 Results: Uniform And Workplace Player Faces Growing Concerns
May 03We Think That There Are Issues Underlying Vestis' (NYSE:VSTS) Earnings
Feb 16Vestis Corporation's (NYSE:VSTS) Shareholders Might Be Looking For Exit
Feb 02Vestis: Initiating A Buy Rating As Business And Industry Are Very Attractive
Jan 17Vestis: A Uniformly Good Bargain
Dec 15Vestis Fiscal Q4: Positive Earnings Signs Post Its Spinoff
Nov 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether VSTS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if VSTS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Vestis Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VSTS) | 0.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Commercial Services) | 1.1% |
| Analyst forecast (VSTS) (up to 3 years) | 0.9% |
Notable Dividend: VSTS's dividend (0.85%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: VSTS's dividend (0.85%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.8%), VSTS's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.7%), VSTS'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 | 2024/12/22 05:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/27 |
| Annual Earnings | 2024/09/27 |
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 |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Vestis Corporation is covered by 12 analysts. 9 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 |
|---|---|
| Andrew Wittmann | Baird |
| Manav Patnaik | Barclays |
| null null | Equisights |