Venture Dividend
Dividend criteria checks 5/6
Venture is a dividend paying company with a current yield of 5.33% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 30th August, 2024.
Key information
5.3%
Dividend yield
86%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | 27 Sep 24 |
| Ex dividend date | 30 Aug 24 |
| Dividend per share | US$0.564 |
| Earnings per share | US$0.87 |
| Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VEML.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: VEML.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Venture Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VEML.Y) | 5.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast in 3 Years (VEML.Y) | 5.4% |
Notable Dividend: VEML.Y's dividend (5.33%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: VEML.Y's dividend (5.33%) is in the top 25% of dividend payers in the US market (4.36%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.9%), VEML.Y's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.1%), VEML.Y's dividend payments are well covered by cash flows.