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Veritex Holdings (Veritex Holdings) Dividend Payout Ratio : 3.33 (As of Dec. 2023)


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What is Veritex Holdings Dividend Payout Ratio?

Veritex Holdings's dividend payout ratio for the months ended in Dec. 2023 was 3.33.

The historical rank and industry rank for Veritex Holdings's Dividend Payout Ratio or its related term are showing as below:

VBTX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.29   Max: 0.44
Current: 0.44


During the past 13 years, the highest Dividend Payout Ratio of Veritex Holdings was 0.44. The lowest was 0.22. And the median was 0.29.

VBTX's Dividend Payout Ratio is ranked worse than
64.46% of 1089 companies
in the Banks industry
Industry Median: 0.34 vs VBTX: 0.44

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

During the past 13 years, the highest Trailing Annual Dividend Yield of Veritex Holdings was 5.18%. The lowest was 0.47%. And the median was 2.53%.

Veritex Holdings's Dividends per Share for the 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.


Veritex Holdings Dividend Payout Ratio Historical Data

The historical data trend for Veritex Holdings's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Veritex Holdings Dividend Payout Ratio Chart

Veritex Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.40 0.27 0.29 0.40

Veritex Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.31 0.33 3.33 0.38

Competitive Comparison of Veritex Holdings's Dividend Payout Ratio

For the Banks - Regional subindustry, Veritex Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Veritex Holdings's Dividend Payout Ratio falls into.



Veritex Holdings Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Veritex Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.8/ 1.98
=0.40

Veritex Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.2/ 0.06
=3.33

* 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) Dividend Payout Ratio Explanation

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.


Veritex Holdings Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Veritex Holdings's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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