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Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and Virgin Money brands in the United Kingdom. The company offers savings and current accounts, mortgages, credit cards, and home loans; business loans, overdraft facilities, treasury solutions, and corporate and structured finance; asset and invoice finance services; risk management; international trade services; and home, car, and life and critical illness insurance products. It also offers online and mobile banking, and telephone banking services. The company was formerly known as CYBG PLC and changed its name to Virgin Money UK PLC in October 2019. Virgin Money UK PLC was founded in 1838 and is headquartered in Glasgow, the United Kingdom.

Virgin Money UK Dividend Announcement

Virgin Money UK announced a semi annually dividend of $0.02 per ordinary share which will be made payable on 2024-07-30. Ex dividend date: 2024-06-27
Virgin Money UK annual dividend for 2024 was $0.04
Virgin Money UK annual dividend for 2023 was $0.11
Virgin Money UK's trailing twelve-month (TTM) dividend yield is 2.28%
Virgin Money UK's payout ratio for the trailing twelve months (TTM) is 49.07%

Virgin Money UK Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-27$0.02semi annually2024-07-30
2024-02-22$0.02semi annually
2023-05-18$0.03semi annually2023-06-21
2023-02-09$0.07semi annually2023-03-15
2022-05-19$0.03semi annually2022-06-21
2022-02-10$0.01semi annually2022-03-11
2019-01-17$0.06semi annually2019-02-15
2018-01-18$0.02semi annually2018-02-16

Virgin Money UK Dividend per year

Virgin Money UK Dividend growth

Virgin Money UK Dividend Yield

Virgin Money UK current trailing twelve-month (TTM) dividend yield is 2.28%. Interested in purchasing Virgin Money UK stock? Use our calculator to estimate your expected dividend yield:

Virgin Money UK Financial Ratios

P/E ratio8.59
PEG ratio5.04
P/B ratio0.41
ROE4.79%
Payout ratio49.07%
Current ratio6.20
Quick ratio6.20
Cash Ratio6.20

Virgin Money UK Dividend FAQ

How much is the next Virgin Money UK dividend?
Virgin Money UK's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Virgin Money UK dividend. The next Virgin Money UK dividend will be released in February, or May.
When is Virgin Money UK dividend paid?
Virgin Money UK pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and May. 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 Virgin Money UK pay?
The specific amount of Virgin Money UK 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 Virgin Money UK's dividend history.
Does Virgin Money UK stock pay dividends?
Yes, Virgin Money UK 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 Virgin Money UK's dividend history.
How much dividend does Virgin Money UK pay?
Virgin Money UK paid $0.04 in 2024, $0.108 in 2023, $0.039 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Virgin Money UK pay dividends?
Virgin Money UK typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and May.
What is Virgin Money UK's dividend yield?
The current dividend yield for Virgin Money UK is 2.28%. 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 Virgin Money UK's exact dividend yield.
When does Virgin Money UK go ex dividend?
Virgin Money UK's ex-dividend date for the latest dividend was on 2024-06-27. Virgin Money UK 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 Virgin Money UK dividend paid?
Virgin Money UK pays dividends on a semi annually basis, typically around February, or May, but the exact dates can vary each year.
Will Virgin Money UK 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 Virgin Money UK 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 Virgin Money UK dividend per share?
Virgin Money UK paid $0.04 per share in 2024 and $0.108 per share in 2023. The amount of dividend per share that Virgin Money UK 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 Virgin Money UK 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 Virgin Money UK 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 Virgin Money UK a dividend stock?
Yes, Virgin Money UK is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Virgin Money UK a good dividend stock?
Whether Virgin Money UK is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Virgin Money UK has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Virgin Money UK 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 Virgin Money UK pay dividends monthly?
Virgin Money UK typically pays dividends on a semi annually basis.
Does Virgin Money UK pay dividends quarterly?
Virgin Money UK currently pays dividends on a semi annually basis.
Has Virgin Money UK ever paid a dividend?
Yes, Virgin Money UK has a history of paying dividends to its shareholders. Virgin Money UK is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Virgin Money UK dividend stocks?
To buy Virgin Money UK 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 Virgin Money UK 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 Virgin Money UK pay dividends 2024?
Virgin Money UK pays dividends on a semi annually basis. 2024 dividend payments are in 2024-07-30. 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 Virgin Money UK increase its dividend in 2024?
Decisions regarding Virgin Money UK 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 Virgin Money UK dividend overview you can look into the above table of dividend history.
How Virgin Money UK dividend works?
The Virgin Money UK 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 Virgin Money UK's dividend process works:

1. Determination of Dividend: Virgin Money UK'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, Virgin Money UK 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, Virgin Money UK 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 Virgin Money UK 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 Virgin Money UK dividends paid?
Virgin Money UK dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Virgin Money UK 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, Virgin Money UK distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Virgin Money UK 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 Virgin Money UK pay dividends?
Virgin Money UK typically pays dividends on a semi annually 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 Virgin Money UK pay dividends?
The general pattern is that Virgin Money UK pays dividends around February, and May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Virgin Money UK dividend safe?
The safety of Virgin Money UK'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 Virgin Money UK'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 Virgin Money UK'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.