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Veritiv (Veritiv) Dividend Yield % : 1.48% (As of May. 05, 2024)


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What is Veritiv Dividend Yield %?

As of today (2024-05-05), the Trailing Annual Dividend Yield of Veritiv is 1.48%.

Good Sign:

Veritiv Corp stock dividend yield is close to 2-year high.

The historical rank and industry rank for Veritiv's Dividend Yield % or its related term are showing as below:

VRTV' s Dividend Yield % Range Over the Past 10 Years
Min: 0.43   Med: 1.12   Max: 1.52
Current: 1.48

During the past 12 years, the highest Dividend Yield of Veritiv was 1.52%. The lowest was 0.43%. And the median was 1.12%.

VRTV's Dividend Yield % is not ranked
in the Conglomerates industry.
Industry Median: 2.86 vs VRTV: 1.48

Veritiv's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.14.

During the past 12 years, the highest Dividend Payout Ratio of Veritiv was 0.13. The lowest was 0.03. And the median was 0.03.

As of today (2024-05-05), the Forward Dividend Yield % of Veritiv is 1.48%.

Veritiv's Dividends per Share for the three months ended in Sep. 2023 was $0.63.

The growth rate is calculated with least square regression.

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


Veritiv Dividend Yield % Historical Data

The historical data trend for Veritiv'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.

Veritiv Dividend Yield % Chart

Veritiv Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.52

Veritiv Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Dividend Yield % 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 - 0.52 0.93 1.50 1.49

Competitive Comparison of Veritiv's Dividend Yield %

For the Conglomerates subindustry, Veritiv'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.


Veritiv's Dividend Yield % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Veritiv's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Veritiv's Dividend Yield % falls into.



Veritiv Dividend Yield % Calculation

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

Veritiv Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6300002023-08-162023-08-172023-09-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.6300002023-05-172023-05-182023-06-05Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.26/169.99
=0.74 %

Current Share Price is $169.99.
Veritiv's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.26.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.52/169.99
=1.48 %

Current Share Price is $169.99.
Veritiv's Dividends per Share for the forward twelve months is calculated as $0.63 * 4 = $2.52.

* 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.


Veritiv  (NYSE:VRTV) 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.


Veritiv Dividend Yield % Related Terms

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


Veritiv (Veritiv) Business Description

Traded in Other Exchanges
N/A
Address
1000 Abernathy Road NE, Building 400, Suite 1700, Atlanta, GA, USA, 30328
Veritiv Corp provides printing, publishing, packaging, and facility solutions. The company also provides logistics and supply chain management services. It operates in four primary segments based on the product type. The Print segment, which generates the majority of the revenue, distributes commercial printing and specialty paper products. The Publishing segment sells coated and uncoated commercial printing papers to publishers and retailers for use in magazines, books, and direct mail. The Packaging segment sells a variety of paper-based packaging products within the fiber-based, flexible and rigid categories. The Facility Solutions segment sells cleaning, breakroom, bathroom, safety, and hazard supplies. The majority of revenue comes from the United States.
Executives
Baupost Group Llc/ma 10 percent owner 10 ST JAMES AVE, SUITE 1700, BOSTON MA 02116
Seth A Klarman 10 percent owner 10 ST JAMES AVENUE, STE 1700, BOSTON MA 02116
Baupost Group Gp, L.l.c. 10 percent owner 10 ST. JAMES AVENUE, SUITE 1700, BOSTON MA 02116
Eric Guerin officer: SVP Finance 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169
Autumn R Bayles director QNB CORP, P.O. BOX 9005, QUAKERTOWN PA 18951
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Lance D Gebert officer: Corporate Controller and PFO 1000 ABERNATHY ROAD, SUITE 1700, BUILDING 400, ATLANTA GA 30328
Stephen Joseph Smith officer: SVP & CFO C/O AMERICAN GREETINGS CORP, ONE AMERICAN RD, CLEVELAND OH 44144
Gregory B Morrison director 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Susan B. Salyer officer: SVP Chief Compliance, and Sustainability Officer 1000 ABERNATHY ROAD, SUITE 1700, BUILDING 400, ATLANTA GA 30328
Bain Capital Investors Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Karen Renner officer: SVP Chief Information Officer 3871 LAKEFIELD DR, SUWANEE GA 30024
Daniel B Calderwood officer: SVP Marketing & Bus. Mgmt 1000 ABERNATHY ROAD, SUITE 1700, BUILDING 400, ATLANTA GA 30028
Stephanie E Mayerle officer: SVP Sales 1000 ABERNATHY ROAD, SUITE 1700, BUILDING 400, ATLANTA GA 30028
Mary A Laschinger director, officer: CEO and Chairman 400 ATLANTIC STREET, STAMFORD CT 06921