VersaBank (TSX:VBNK) Dividend Payout Ratio : 0.13 (As of Oct. 2024)

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What is VersaBank Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. VersaBank's Dividend Payout Ratio for the months ended in Oct. 2024 was 0.13.

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

TSX:VBNK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 0.13
Current: 0.07

During the past 13 years, the highest Dividend Payout Ratio of VersaBank was 0.13. The lowest was 0.05. And the median was 0.08.

TSX:VBNK's Dividend Payout Ratio is ranked better than
97.04% of 1147 companies
in the Banks industry
Industry Median: 0.34 vs TSX:VBNK: 0.07

As of today (2024-12-15), the Dividend Yield % of VersaBank is 0.46%.

During the past 13 years, the highest Trailing Annual Dividend Yield of VersaBank was 1.71%. The lowest was 0.12%. And the median was 0.75%.

VersaBank's Dividends per Share for the months ended in Oct. 2024 was C$0.03.

During the past 5 years, the average Dividends Per Share Growth Rate was 5.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of VersaBank was 35.70% per year. The lowest was 12.60% per year. And the median was 24.15% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

VersaBank Dividend Payout Ratio Historical Data

The historical data trend for VersaBank'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.

VersaBank Dividend Payout Ratio Chart

VersaBank Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Dividend Payout Ratio

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0.12

0.10

0.13

0.06

0.07

VersaBank Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.05	0.05	0.06	0.07	0.13

Competitive Comparison of VersaBank's Dividend Payout Ratio

For the Banks - Regional subindustry, VersaBank'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.

VersaBank's Dividend Payout Ratio Distribution in the Banks Industry

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

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

VersaBank Dividend Payout Ratio Calculation

VersaBank's Dividend Payout Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2024 )	/	EPS without NRI (A: Oct. 2024 )
	=	0.1	/	1.49
	=	0.07

VersaBank's Dividend Payout Ratio for the quarter that ended in Oct. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Oct. 2024 )	/	EPS without NRI (Q: Oct. 2024 )
	=	0.025	/	0.2
	=	0.13

VersaBank (TSX:VBNK) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

VersaBank Dividend Payout Ratio Related Terms

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

VersaBank Business Description

Industry

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Traded in Other Exchanges

VBNK:USA VEW:Germany

Address

140 Fullarton Street, Suite 2002, London, ON, CAN, N6A 5P2

Website

https://www.versabank.com

VersaBank is a Canadian Schedule I chartered bank with a difference. VersaBank became the world's first digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins, while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, VersaBank established a wholly-owned, subsidiary.