Vestis's latest dividend was on Sep 13, 2024 (ex-date) with a payout of $0.035 per share. On an annualized basis, the company has a current payout of $0.14 per share. This brings the dividend yield to 0.86% based on its recent close price.
VSTS has a dividend yield of 0.86% which is below the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 1.37%, Vestis's dividend yield is 37% lower.
VSTS has distributed four dividends in the past year.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 13, 2024 | $0.035 | 0.93% |
Jun 14, 2024 | $0.035 | 0.9% |
Mar 14, 2024 | $0.035 | 0.38% |
Dec 14, 2023 | $0.035 | 0.18% |
VSTS has a payout ratio of 87.5% which is higher than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 33.1%, Vestis's payout ratio is 164% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
R Ryder System, Inc. | 1.85% | $3.04 | 27.9% |
HEES H&E Equipment Services Inc | 1.85% | $1.1 | 27.6% |
AL Air Lease Corp | 1.66% | $0.84 | 19% |
MGRC Mcgrath Rentcorp | 1.55% | $1.89 | 20.6% |
VSTS Vestis Corp | 0.86% | $0.14 | 87.5% |
URI United Rentals Inc | 0.76% | $6.52 | 17% |
Vestis has issued four dividends in the last twelve months.
Vestis's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.035 per share.
On an annual basis VSTS pays $0.14 per share.
The current dividend yield of Vestis is 0.86%.
The dividend payout ratio of Vestis is 87.5%.
Vestis's dividend yield is lower than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.