SmarterDividends
VBNK

VersaBank

VBNK

Financial Services · Banks - Regional · Stock · quarterly payer

$22.28

Fairly valued · -11% Add to Portfolio

Forward Yield

0.32%

Annual Dividend

$0.07

Payout Ratio

10%

5-Yr Growth

—

Ex-Date

Oct 9, 2026

Frequency

Quarterly

Key facts about VBNK's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, VersaBank (VBNK) has a forward dividend yield of 0.32%, based on an annual dividend of $0.07 per share and a share price of $22.28.
  • As of Oct 18, 2026, VBNK's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
  • VBNK last cut its regular dividend in 2024.
  • VBNK's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.0180 per share.
  • As of Oct 18, 2026, VBNK pays out 10% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 18, 2026, VBNK's 0.32% yield is 49% below its five-year average yield of 0.63%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for VBNK is $19.86 per share, 11% below the $22.28 share price, so VBNK screens as fairly valued.
  • VersaBank (VBNK) pays its dividend quarterly, 4 times a year.
  • VersaBank (VBNK) has raised its regular dividend 3 times and cut it 5 times across the 20 payments on record since 2021. Its most recent change was a 5.9% increase to $0.0180 per share, going ex-dividend on Apr 4, 2025. The last cut went ex-dividend on Jan 10, 2025.
Cite this page

SmarterDividends, "VBNK Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/VBNK

Summary

As of Oct 18, 2026, VersaBank (VBNK) yields 0.32% ($0.07 a year per share) and has a dividend safety grade of C (62/100).

Is VBNK a good dividend stock?

Yes, with caveats

VersaBank (VBNK) pays a quarterly dividend yielding 0.32% ($0.07/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (10%)
  • 74% total price return over 5 years

Risks

  • Cut its dividend in 2024

Key Data

Dividend Yield
0.32%
Payout Ratio
10%
Annual Dividend
$0.07
5-Yr Avg Growth
—
Ex-Dividend Date
Oct 9, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.00
Market Cap
$722.3M
P/E Ratio
29.3
5-Yr Total Return
74%
52-Week Range
$11.25 – $25.05
Dividend Safety
C · 62/100
Ever Cut?
Yes (2024)

VBNK dividend raises and cuts

VersaBank (VBNK) has raised its regular dividend 3 times and cut it 5 times across the 20 payments on record since 2021. Its most recent change was a 5.9% increase to $0.0180 per share, going ex-dividend on Apr 4, 2025. The last cut went ex-dividend on Jan 10, 2025.

Ex-dateChangeOld → newMove
Apr 4, 2025Raise$0.0170 → $0.0180+5.9%
Jan 10, 2025Cut$0.0180 → $0.0170−5.6%
Apr 4, 2024Cut$0.0190 → $0.0180−5.3%
Jan 4, 2024Raise$0.0180 → $0.0190+5.6%
Oct 5, 2023Cut$0.0190 → $0.0180−5.3%
Jan 5, 2023Raise$0.0180 → $0.0190+5.6%
Oct 6, 2022Cut$0.0190 → $0.0180−5.3%
Jul 7, 2022Cut$0.0200 → $0.0190−5.0%
Every VBNK payment →Download every raise and cut (CSV)
VBNK ex-dividend date & scheduleNext ex-date Oct 9, 2026 · full ex-dividend historyView →VBNK dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is VBNK a good dividend stock?

Yes, with caveats. VersaBank (VBNK) pays a quarterly dividend yielding 0.32% ($0.07/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is VBNK undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, VBNK's fair value is about $19.86 versus a $22.28 share price — so it looks fairly valued (-11% vs. fair value).

Is VBNK's dividend safe?

VBNK has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

What is VBNK's fair value?

Our blended fair-value estimate for VBNK is about $19.86 per share, about 11% below the current $22.28 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is VBNK a buy, hold, or sell?

We don't issue formal ratings, but on the data VBNK screens as "yes, with caveats" and fairly valued. VersaBank (VBNK) pays a quarterly dividend yielding 0.32% ($0.07/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will VBNK cut its dividend?

VBNK earns a dividend-safety grade of C (62/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does VBNK pay a dividend?

Yes. VersaBank pays a quarterly dividend of about $0.07 per share annually, a forward yield of roughly 0.32%.

What is VBNK's dividend yield?

As of Oct 18, 2026, VBNK's forward dividend yield is 0.32%, based on a $0.07 annual dividend and a $22.28 share price.

What is VBNK's dividend per share?

As of Oct 18, 2026, VBNK pays $0.07 per share per year, distributed on a quarterly basis.

What is VBNK's dividend payout ratio?

As of Oct 18, 2026, VBNK's payout ratio is 10% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has VBNK grown its dividend?

VBNK does not currently have a long dividend-growth streak on record.

When is the next VBNK ex-dividend date?

As of Oct 18, 2026, VBNK's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.0180 per share.

Income Calculator

At $0.07 / yr per share

Per payment (quarterly)$1.75
Annual$7.00
Monthly avg$0.58

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