If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Viva Energy Group Ltd is 1.51, which seems too high.
During the past 6 years, the highest Dividend Payout Ratio of Viva Energy Group was 7.03. The lowest was 0.29. And the median was 0.85.
During the past 12 months, Viva Energy Group's average Dividends Per Share Growth Rate was -42.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 73.10% per year.
During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Viva Energy Group was 73.10% per year. The lowest was 25.70% per year. And the median was 49.40% 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.
Viva Energy Group Dividend Yield % Historical Data
The historical data trend for Viva Energy Group's Dividend Yield % 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.
Competitive Comparison of Viva Energy Group's Dividend Yield %
For the Oil & Gas Refining & Marketing subindustry, Viva Energy Group's Dividend Yield %, along with its competitors' market caps and 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.
Viva Energy Group's Dividend Yield % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Viva Energy Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Viva Energy Group's Dividend Yield % falls into.
Viva Energy Group Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Viva Energy Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.067000
2024-09-09
2024-09-10
2024-09-25
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.071000
2024-03-07
2024-03-08
2024-03-22
Cash Dividend
semi-annually
AUD:AUD 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.
Viva Energy Group's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Viva Energy Group (ASX:VEA) 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.
Thank you for viewing the detailed overview of Viva Energy Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.
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