Valhi: Prioritizing Investor Satisfaction with Steady Earnings Performance
By the end of today, December 21, 2023, Valhi (NYSE:VHI) is set to deliver a dividend payout of $0.08 per share, equating to an annualized dividend yield of 2.90%. The company's dividend payout went ex-dividend on November 30, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
Valhi Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-30 | 4 | $0.08 | 2.9% | 2023-11-02 | 2023-12-01 | 2023-12-21 |
| 2023-08-31 | 4 | $0.08 | 2.16% | 2023-08-03 | 2023-09-01 | 2023-09-21 |
| 2023-06-02 | 4 | $0.08 | 2.35% | 2023-05-25 | 2023-06-05 | 2023-06-22 |
| 2023-03-10 | 4 | $0.08 | 1.3% | 2023-03-02 | 2023-03-13 | 2023-03-28 |
| 2022-11-30 | 4 | $0.08 | 1.18% | 2022-11-03 | 2022-12-01 | 2022-12-22 |
| 2022-08-31 | 4 | $0.08 | 0.62% | 2022-08-04 | 2022-09-01 | 2022-09-22 |
| 2022-06-03 | 4 | $0.08 | 0.69% | 2022-05-26 | 2022-06-06 | 2022-06-23 |
| 2022-03-11 | 4 | $0.08 | 1.27% | 2022-03-03 | 2022-03-14 | 2022-03-29 |
| 2021-12-01 | 4 | $0.08 | 1.38% | 2021-11-04 | 2021-12-02 | 2021-12-23 |
| 2021-09-01 | 4 | $0.08 | 1.51% | 2021-08-05 | 2021-09-02 | 2021-09-23 |
| 2021-06-04 | 4 | $0.08 | 1.23% | 2021-05-27 | 2021-06-07 | 2021-06-24 |
| 2021-03-12 | 4 | $0.08 | 1.7% | 2021-03-04 | 2021-03-15 | 2021-03-30 |
When it comes to dividend yield, Valhi stands tall above its industry peers, boasting a remarkable annualized dividend yield of 2.59%.
Analyzing Valhi Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed a decline in the company's dividend per share from $0.96 in 2019 to $0.32 in 2022. This downward trend in dividend payouts necessitates a comprehensive investigation to identify the reasons behind the decrease.
YoY Earnings Growth For Valhi
From 2019 to 2022, Valhi has demonstrated an upward trend in earnings, with earnings per share rising from $2.16 to $5.32. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
In this article, we delve into Valhi's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.08 per share today, resulting in an annualized dividend yield of 2.90%.
When it comes to dividend yield, Valhi stands tall above its industry peers, boasting a remarkable annualized dividend yield of 2.59%.
With dividend per share decreasing and earnings per share increasing from 2019 to 2022, Valhi appears to be emphasizing business growth by reinvesting profits rather than focusing on dividend distributions.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
[See current stock movements Valhi on Benzinga.](https://www.benzinga.com/quote/Valhi (NYSE: VHI))
This article was generated by Benzinga's automated content engine and reviewed by an editor.