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Veritex Holdings (Veritex Holdings) Forward Dividend Yield % : 3.91% (As of Apr. 26, 2024)


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What is Veritex Holdings Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Veritex Holdings is 3.91%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Veritex Holdings is 3.91%.

VBTX's Forward Dividend Yield % is ranked worse than
53.59% of 1170 companies
in the Banks industry
Industry Median: 4.14 vs VBTX: 3.91

Veritex Holdings's Dividends per Share for the three months ended in Dec. 2023 was $0.20.

During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Veritex Holdings was 17.00% per year. The lowest was 5.60% per year. And the median was 11.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Veritex Holdings's Forward Dividend Yield %

For the Banks - Regional subindustry, Veritex Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Veritex Holdings's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Veritex Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Veritex Holdings's Forward Dividend Yield % falls into.



Veritex Holdings Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Veritex Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-02-082024-02-092024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-11-092023-11-102023-11-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-08-092023-08-102023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-05-102023-05-112023-05-25Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Veritex Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.8/20.17
=3.97 %

Current Share Price is $20.17.
Veritex Holdings's Dividends per Share for the forward twelve months is calculated as $0.2 * 4 = $0.8.

Veritex Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.8/20.17
=3.97 %

Current Share Price is $20.17.
Veritex Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.8.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Veritex Holdings  (NAS:VBTX) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Veritex Holdings Forward Dividend Yield % Related Terms

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Veritex Holdings (Veritex Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8214 Westchester Drive, Suite 800, Dallas, TX, USA, 75225
Veritex Holdings Inc is engaged in the provision of commercial banking products and services to small to medium-sized businesses and professionals. The bank provides a range of banking services to individual and corporate customers, which include commercial and retail lending, and the acceptance of checking and savings deposits. It offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as automated teller machines, and banking by telephone, mail and personal appointment. The company's primary sources of revenue are derived from interest and dividends earned on loans, debt and equity securities and other financial instruments.
Executives
Gregory B Morrison director 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Martin Dominic Karaba officer: Chief Banking Officer 1010 GRAND BLVD, KANSAS CITY MO 64106
Terry Earley officer: Chief Financial Officer C/O CRESCENT FINANCIAL BANCSHARES, INC., 1005 HIGH HOUSE ROAD, CARY NC 27513
Fallon William director 8214 WESTCHESTER DRIVE, SUITE 800, DALLAS TX 75225
Gordon Huddleston director 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Pat S Bolin director 5950 BERKSHIRE LANE, SUITE 1100, DALLAS TX 75225
Cara Mcdaniel officer: Chief Talent Officer 8214 WESTCHESTER DRIVE, DALLAS TX 75225
John Sughrue director 1807 ROSS AVENUE, SUITE 250, DALLAS TX 75201
Phil Donnelly officer: SEVP, General Counsel 8214 WESTCHESTER DR. SUITE 800, DALLAS TX 75225
Michael Clayton Riebe officer: Chief Credit Officer 8214 WESTCHESTER DRIVE SUITE 400, DALLAS TX 75225
Holland C Malcolm Iii director, officer: Chairman, CEO, President 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Arcilia Acosta director LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Jim Recer officer: Chief Banking Officer 8214 WESTCHESTER DRIVE, DALLAS TX 75225
Manuel J Mehos director COASTAL BANCORP INC, 5718 WESTHEIMER SUITE 600, HOUSTON TX 77057
William Don Ellis director 4000 GREENBRIAR, HOUSTON TX 77098