Veris Residential Dividend
Dividend criteria checks 3/6
Veris Residential is a dividend paying company with a current yield of 1.57% that is well covered by earnings. Next payment date is on 16th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
1.6%
Dividend yield
32%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 16 Oct 24 |
| Ex dividend date | 30 Sep 24 |
| Dividend per share | US$0.280 |
| Earnings per share | -US$1.15 |
| Dividend yield forecast | 1.8% |
Recent dividend updates
Recent updates
Veris 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) | 1.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Residential REITs) | 3.3% |
| Analyst forecast (VRE) (up to 3 years) | 1.8% |
Notable Dividend: VRE's dividend (1.57%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: VRE's dividend (1.57%) is low compared to the top 25% of dividend payers in the US market (4.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), VRE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.6%), VRE's dividend payments are covered by cash flows.