Veritex Holdings's most recent quarterly dividend of $0.2 per share was on Feb 8, 2024 (ex-date). The annualized payout of $0.8 per share represents a current dividend yield of 3.85%.
VBTX has a dividend yield of 3.85% which is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.38%, Veritex Holdings's dividend yield is 14% higher. Historically VBTX's dividend yield has averaged at 2.9% in the last 5 years, which is below the current yield.
Veritex Holdings has a history of paying dividends since 2019. Our records of VBTX show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 17% from a year ago, the dividend yield has decreased by 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 8, 2024 | Feb 23, 2024 | Jan 23, 2024 | $0.2 | normal |
| Nov 9, 2023 | Nov 24, 2023 | Oct 24, 2023 | $0.2 | normal |
| Aug 9, 2023 | Aug 25, 2023 | Jul 25, 2023 | $0.2 | normal |
| May 10, 2023 | May 25, 2023 | Apr 25, 2023 | $0.2 | normal |
| Feb 9, 2023 | Feb 24, 2023 | Jan 24, 2023 | $0.2 | normal |
| Nov 9, 2022 | Nov 25, 2022 | Oct 25, 2022 | $0.2 | normal |
| Aug 11, 2022 | Aug 26, 2022 | Jul 27, 2022 | $0.2 | normal |
| May 12, 2022 | May 27, 2022 | Apr 26, 2022 | $0.2 | normal |
| Feb 10, 2022 | Feb 25, 2022 | Jan 25, 2022 | $0.2 | normal |
| Nov 9, 2021 | Nov 23, 2021 | Oct 26, 2021 | $0.2 | normal |
| Aug 4, 2021 | Aug 19, 2021 | Jul 27, 2021 | $0.2 | normal |
| May 5, 2021 | May 20, 2021 | Apr 27, 2021 | $0.17 | normal |
| Feb 3, 2021 | Feb 18, 2021 | Jan 26, 2021 | $0.17 | normal |
| Nov 4, 2020 | Nov 19, 2020 | Oct 27, 2020 | $0.17 | normal |
| Aug 5, 2020 | Aug 20, 2020 | Jul 28, 2020 | $0.17 | normal |
| May 6, 2020 | May 21, 2020 | Apr 28, 2020 | $0.17 | normal |
| Feb 5, 2020 | Feb 20, 2020 | Jan 28, 2020 | $0.17 | normal |
| Nov 6, 2019 | Nov 21, 2019 | Oct 21, 2019 | $0.125 | normal |
| Aug 7, 2019 | Aug 22, 2019 | Jul 22, 2019 | $0.125 | normal |
| May 8, 2019 | May 23, 2019 | Apr 22, 2019 | $0.125 | normal |
| Feb 6, 2019 | Feb 21, 2019 | Jan 28, 2019 | $0.125 | normal |
VBTX has a payout ratio of 40% which is higher than the Financial Services sector and the industry average. But in comparison with the Financial Services sector average of 39.5%, Veritex Holdings's payout ratio is only 1.3% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VLY Valley National Bancorp | 5.63% | $0.44 | 46.3% |
| VBTX Veritex Holdings Inc | 3.91% | $0.8 | 40% |
| NECB NorthEast Community Bancorp Inc | 1.82% | $0.28 | 8.4% |
Yes, Veritex Holdings has been paying dividends for the last five years.
VBTX hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in May 2024.
Veritex Holdings's last regular dividend was on Feb 8, 2024 (ex-date) with the amount of $0.2 per share.
VBTX's annualized dividend per share is $0.8.
Veritex Holdings's current dividend yield is 3.85%.
Veritex Holdings pays dividends quarterly.
The dividend payout ratio of Veritex Holdings is 40%.
Veritex Holdings's dividend yield is above the Financial Services sector average.