Velan (TSX:VLN) Dividend Payout Ratio : 0.00 (As of Feb. 2024)

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What is Velan Dividend Payout Ratio?

Velan's dividend payout ratio for the months ended in Feb. 2024 was 0.00.

The historical rank and industry rank for Velan's Dividend Payout Ratio or its related term are showing as below:

During the past 13 years, the highest Dividend Payout Ratio of Velan was 0.85. The lowest was 0.12. And the median was 0.44.

TSX:VLN's Dividend Payout Ratio is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.33
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-25), the Dividend Yield % of Velan is 0.52%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Velan was 3.42%. The lowest was 0.23%. And the median was 2.09%.

Velan's Dividends per Share for the months ended in Feb. 2024 was C$0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Velan was 10.20% per year. The lowest was -62.00% per year. And the median was -2.70% per year.

The growth rate is calculated with least square regression.

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

Velan Dividend Payout Ratio Historical Data

The historical data trend for Velan's Dividend Payout Ratio 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.

Velan Dividend Payout Ratio Chart

Velan Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Dividend Payout Ratio

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0.12

Velan Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Velan's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Velan's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Velan's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Velan's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Velan's Dividend Payout Ratio falls into.

Velan Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Velan's Dividend Payout Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Feb. 2024 )	/	EPS without NRI (A: Feb. 2024 )
	=	0.031	/	-0.694
	=	N/A

Velan's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2024 )	/	EPS without NRI (Q: Feb. 2024 )
	=	0	/	-0.122
	=	N/A

Velan (TSX:VLN) Dividend Payout Ratio Explanation

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.

Velan Dividend Payout Ratio Related Terms

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Velan (TSX:VLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Velan Inc (TSX:VLN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

VLNSF:USA 946:Germany

Address

7007 Cote de Liesse, Montreal, QC, CAN, H4T 1G2

Website

https://www.velan.com

Velan Inc is an international manufacturer of industrial valves. It offers products such as Gate valves, check valves, cryogenic, steam traps, and others, which are used in various industries including power generation, oil, and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding. The company operates in various geographical regions: Canada, the United States, France, Italy, and Other countries.