Veris Residential Dividends and Buybacks
Dividend criteria checks 3/6
Veris Residential is a dividend paying company with a current yield of 2% that is well covered by earnings.
Key information
2.0%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | -11.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.320 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Veris Residential Is An Innovator In Multifamily Real Estate
Nov 22Veris Residential Q2 Earnings: Finding Their Footing Under A New Brand
Jul 31Veris's Future Profitability Is Unclear During Transition To Multifamily REIT
Dec 29Veris Residential: A Turnaround In Process
Dec 23Veris Residential: Newest Results Show An Improvement Of The Company's Operations (Upgrade)
Sep 12Veris Residential FFO of $0.05 misses by $0.08, revenue of $86.2M misses by $1.15M
Feb 21Veris Residential holder Madison International seeks possible board seat
Jan 13Veris Residential gains after rejecting increased Kushner offer; open to dialogue
Dec 12Veris Residential surges after it confirms $16/share buyout bid from Kushner
Oct 21Veris Residential jumps on $766M sale of Jersey City properties
Oct 10Veris Residential: Analysis Of The Newest 'Pure Play' Multi-Family REIT
Aug 16Veris Residential: Look At Total Return, Not Just Dividends
Jul 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VRE's dividend payments have been volatile in the past 10 years.
Growing Dividend: VRE's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Veris Residential Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VRE) | 2.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Residential REITs) | 3.5% |
| Analyst forecast (VRE) (up to 3 years) | 2.7% |
Notable Dividend: VRE's dividend (2%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: VRE's dividend (2%) is low compared to the top 25% of dividend payers in the US market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.7%), VRE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.6%), VRE's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 16:40 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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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
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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
Veris Residential, Inc. is covered by 15 analysts. 3 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 |
|---|---|
| Ross Smotrich | Barclays |
| Joshua Dennerlein | BofA Global Research |
| Michael Gorman | BTIG |