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Ventia Services Group (ASX:VNT) Dividend Payout Ratio : 0.70 (As of Dec. 2023)


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What is Ventia Services Group Dividend Payout Ratio?

Ventia Services Group's dividend payout ratio for the months ended in Dec. 2023 was 0.70.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ventia Services Group Ltd is 0.75, which seems too high.

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

ASX:VNT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.58   Max: 0.76
Current: 0.75


During the past 3 years, the highest Dividend Payout Ratio of Ventia Services Group was 0.76. The lowest was 0.40. And the median was 0.58.

ASX:VNT's Dividend Payout Ratio is ranked worse than
82.34% of 821 companies
in the Construction industry
Industry Median: 0.35 vs ASX:VNT: 0.75

As of today (2024-05-21), the Dividend Yield % of Ventia Services Group is 5.02%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Ventia Services Group was 5.30%. The lowest was 2.83%. And the median was 3.39%.

Ventia Services Group's Dividends per Share for the months ended in Dec. 2023 was A$0.08.

During the past 12 months, Ventia Services Group's average Dividends Per Share Growth Rate was 86.50% per year.

The growth rate is calculated with least square regression.

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


Ventia Services Group Dividend Payout Ratio Historical Data

The historical data trend for Ventia Services Group'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.

Ventia Services Group Dividend Payout Ratio Chart

Ventia Services Group Annual Data
Trend Dec21 Dec22 Dec23
Dividend Payout Ratio
- 0.40 0.76

Ventia Services Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio - 0.12 0.75 0.81 0.70

Competitive Comparison of Ventia Services Group's Dividend Payout Ratio

For the Infrastructure Operations subindustry, Ventia Services Group'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.


Ventia Services Group's Dividend Payout Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ventia Services Group's Dividend Payout Ratio falls into.



Ventia Services Group Dividend Payout Ratio Calculation

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

Ventia Services Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.166/ 0.22
=0.75

Ventia Services Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.083/ 0.118
=0.70

* 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.


Ventia Services Group (ASX:VNT) 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.


Ventia Services Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Ventia Services Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ventia Services Group (ASX:VNT) Business Description

Traded in Other Exchanges
Address
80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060
While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.