If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ventia Services Group Ltd is 0.75, which seems too high.
During the past 3 years, the highest Dividend Payout Ratio of Ventia Services Group was 0.76. The lowest was 0.40. And the median was 0.58.
During the past 12 months, Ventia Services Group's average Dividends Per Share Growth Rate was 86.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Ventia Services Group Dividend Yield % Historical Data
The historical data trend for Ventia Services 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.
* Premium members only.
Ventia Services Group Dividend Yield % Chart
Ventia Services Group Annual Data
Trend
Dec21
Dec22
Dec23
Dividend Yield %
-
3.73
5.28
Ventia Services Group Semi-Annual Data
Dec21
Jun22
Dec22
Jun23
Dec23
Dividend Yield %
-
0.59
3.73
5.20
5.28
Competitive Comparison of Ventia Services Group's Dividend Yield %
For the Infrastructure Operations subindustry, Ventia Services 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.
Ventia Services Group's Dividend Yield % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Ventia Services Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Ventia Services Group's Dividend Yield % falls into.
Ventia Services Group Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Ventia Services Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.094100
2024-02-29
2024-03-01
2024-04-05
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.083100
2023-08-30
2023-08-31
2023-10-06
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.
Ventia Services 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.
Ventia Services Group (ASX:VNT) 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.
Ventia Services Group Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Ventia Services Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ventia Services Group (ASX:VNT) Business Description
While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.
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