Veritex Holdings, Inc. operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company accepts deposit products include demand, savings, money market, and time accounts. Its loan products include commercial real estate and general commercial, mortgage warehouse loans, residential real estate, construction and land, farmland, consumer, paycheck protection program, 1-4 family residential, agricultural, multi-family residential, and consumer loans, as well as purchased receivables financing. The company also provides interest rate swap services; and a range of online banking solutions, such as access to account balances, online transfers, online bill payment and electronic delivery of customer statements, and ATMs, as well as mobile banking, mail, and personal appointment. In addition, it offers debit cards, night depository services, direct deposits, cashier's checks, and letters of credit; treasury management services, including balance reporting, transfers between accounts, wire transfer initiation, automated clearinghouse origination, and stop payments; and cash management deposit products and services consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. As of December 31, 2021, the company operated 18 full-service branches located in the Dallas-Fort Worth metroplex, and 10 full-service branches in the Houston metropolitan area. Veritex Holdings, Inc. was incorporated in 2009 and is headquartered in Dallas, Texas.
Veritex Dividend Announcement
• Veritex announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-09
• Veritex annual dividend for 2024 was $0.60
• Veritex annual dividend for 2023 was $0.80
• Veritex's trailing twelve-month (TTM) dividend yield is 3.18%
• Veritex's payout ratio for the trailing twelve months (TTM) is 49.65%
Veritex Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-09 | $0.20 | quarterly | 2024-08-23 |
| 2024-05-09 | $0.20 | quarterly | 2024-05-24 |
| 2024-02-08 | $0.20 | quarterly | 2024-02-23 |
| 2023-11-09 | $0.20 | quarterly | 2023-11-24 |
| 2023-08-09 | $0.20 | quarterly | 2023-08-25 |
| 2023-05-10 | $0.20 | quarterly | 2023-05-25 |
| 2023-02-09 | $0.20 | quarterly | 2023-02-24 |
| 2022-11-09 | $0.20 | quarterly | 2022-11-25 |
| 2022-08-11 | $0.20 | quarterly | 2022-08-26 |
| 2022-05-12 | $0.20 | quarterly | 2022-05-27 |
| 2022-02-10 | $0.20 | quarterly | 2022-02-25 |
| 2021-11-09 | $0.20 | quarterly | 2021-11-23 |
| 2021-08-04 | $0.20 | quarterly | 2021-08-19 |
| 2021-05-05 | $0.17 | quarterly | 2021-05-20 |
| 2021-02-03 | $0.17 | quarterly | 2021-02-18 |
| 2020-11-04 | $0.17 | quarterly | 2020-11-19 |
| 2020-08-05 | $0.17 | quarterly | 2020-08-20 |
| 2020-05-06 | $0.17 | quarterly | 2020-05-21 |
| 2020-02-05 | $0.17 | quarterly | 2020-02-20 |
| 2019-11-06 | $0.12 | quarterly | 2019-11-21 |
| 2019-08-07 | $0.12 | quarterly | 2019-08-22 |
| 2019-05-08 | $0.12 | quarterly | 2019-05-23 |
| 2019-02-06 | $0.12 | quarterly | 2019-02-21 |
Veritex Dividend per year
Veritex Dividend growth
Veritex Dividend Yield
Veritex current trailing twelve-month (TTM) dividend yield is 3.18%. Interested in purchasing Veritex stock? Use our calculator to estimate your expected dividend yield:
Veritex Financial Ratios
P/E ratio15.67
PEG ratio0.54
P/B ratio0.89
ROE5.73%
Payout ratio49.65%
Current ratio0.10
Quick ratio0.10
Cash Ratio0.10
Veritex Dividend FAQ
How much is the next Veritex dividend?
Veritex's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Veritex dividend. The next Veritex dividend will be released in February, May, August, or November.
When is Veritex dividend paid?
Veritex pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Veritex pay?
The specific amount of Veritex dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Veritex's dividend history.
Does Veritex stock pay dividends?
Yes, Veritex does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Veritex's dividend history.
How much dividend does Veritex pay?
Veritex paid $0.6 in 2024, $0.8 in 2023, $0.8 in 2022, $0.74 in 2021, and $0.68 in 2020.
How often does Veritex pay dividends?
Veritex typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Veritex's dividend yield?
The current dividend yield for Veritex is 3.18%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Veritex's exact dividend yield.
When does Veritex go ex dividend?
Veritex's ex-dividend date for the latest dividend was on 2024-08-09. Veritex typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Veritex dividend paid?
Veritex pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Veritex increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Veritex will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Veritex dividend per share?
Veritex paid $0.6 per share in 2024 and $0.8 per share in 2023. The amount of dividend per share that Veritex pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Veritex a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Veritex a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Veritex a dividend stock?
Yes, Veritex is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Veritex a good dividend stock?
Whether Veritex is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Veritex has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Veritex as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Veritex as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Veritex pay dividends monthly?
Veritex typically pays dividends on a quarterly basis.
Does Veritex pay dividends quarterly?
Veritex currently pays dividends on a quarterly basis.
Has Veritex ever paid a dividend?
Yes, Veritex has a history of paying dividends to its shareholders. Veritex is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Veritex dividend stocks?
To buy Veritex you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Veritex stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Veritex stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Veritex pay dividends 2024?
Veritex pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Veritex increase its dividend in 2024?
Decisions regarding Veritex dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Veritex dividend overview you can look into the above table of dividend history.
How Veritex dividend works?
The Veritex dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Veritex's dividend process works:
1. Determination of Dividend: Veritex's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Veritex publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Veritex distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Veritex are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Veritex's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Veritex publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Veritex distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Veritex are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Veritex dividends paid?
Veritex dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Veritex sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Veritex distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Veritex declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Veritex sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Veritex distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Veritex declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Veritex pay dividends?
Veritex typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Veritex pay dividends?
The general pattern is that Veritex pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Veritex dividend safe?
The safety of Veritex's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Veritex's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Veritex's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Veritex's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Veritex's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.