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Veritiv (Veritiv) 3-Year Dividend Growth Rate : 0.00% (As of Sep. 2023)


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What is Veritiv 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Veritiv's 3-Year Dividend Growth Rate or its related term are showing as below:

VRTV's 3-Year Dividend Growth Rate is not ranked *
in the Conglomerates industry.
Industry Median: 12.2
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Veritiv's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.14. As of today, Veritiv's Dividend Yield % is 1.48%.

Good Sign:

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

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


Competitive Comparison of Veritiv's 3-Year Dividend Growth Rate

For the Conglomerates subindustry, Veritiv's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Veritiv's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Veritiv's 3-Year Dividend Growth Rate falls into.



Veritiv 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Veritiv  (NYSE:VRTV) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Veritiv's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.63/ 4.42
=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.

2. 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

* 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.63/169.99
=0.37 %

Current Share Price is $169.99.
Veritiv's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.63.

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%.

Good Sign:

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

* 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 3-Year Dividend Growth Rate Related Terms>


Veritiv (Veritiv) Business Description

Industry
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