April 29, 2025 a 12:46 pm
VST: Dividend Analysis - Vistra Corp.
Vistra Corp. demonstrates a moderate but promising dividend profile with a stable history of 8 consecutive years of dividends. The lack of recent cuts or suspensions, along with a moderate yield, suggests resilience and commitment to returning value to shareholders amidst industry challenges. However, the relatively low dividend yield indicates potential for growth rather than immediate high returns.
📊 Overview
The comprehensive overview provides insight into Vistra Corp.'s dividend profile and financial stability.
| Metric | Value |
|---|---|
| Sector | Energy |
| Dividend Yield | 0.67% |
| Current Dividend per Share | $1.39 |
| Dividend History | 8 years |
| Last Cut or Suspension | None |
🗣️ Dividend History
Historical dividend data allows investors to assess the reliability and growth of dividends over time, an essential aspect of long-term investment strategies.
| Year | Dividend per Share (USD) |
|---|---|
| 2025 | $0.2235 |
| 2024 | $0.8735 |
| 2023 | $0.8205 |
| 2022 | $0.724 |
| 2021 | $0.60 |
📈 Dividend Growth
A detailed analysis of dividend growth is crucial in identifying trends and projecting future performance.
| Time | Growth |
|---|---|
| 3 years | 13.34% |
| 5 years | 11.80% |
The average dividend growth is 11.80% over 5 years. This shows moderate but steady dividend growth.
📉 Payout Ratio
Payout ratios are pivotal in evaluating a company's capacity to sustain dividend payments without compromising its financial stability.
| Key Figure Ratio | Value |
|---|---|
| EPS-based | 17.98% |
| Free cash flow-based | 11.41% |
The EPS and FCF payout ratios of 17.98% and 11.41% respectively suggest a sustainable dividend policy with room for growth.
✅ Cashflow & Capital Efficiency
Cashflow metrics and capital efficiency ratios reveal insights into the company's operational effectiveness and investment prudence.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Free Cash Flow Yield | 9.60% | 26.52% | -8.33% |
| Earnings Yield | 5.59% | 10.48% | -12.35% |
| CAPEX to Operating Cash Flow | 9.42% | 30.74% | 268.25% |
| Stock-based Compensation to Revenue | 0.58% | 0.52% | 0.46% |
| Free Cash Flow / Operating Cash Flow Ratio | 100% | 69.26% | -168.25% |
These metrics indicate robust cash flows in recent years, enhancing Vistra's capital allocation flexibility and investment potential.
⚠️ Balance Sheet & Leverage Analysis
Financial leverage ratios and capital structure analysis provide an understanding of the company's solvency and risk profile.
| Ratio | 2024 | 2023 | 2022 |
|---|---|---|---|
| Debt-to-Equity | 15.76% | 276.69% | 272.05% |
| Debt-to-Assets | 2.33% | 44.54% | 40.67% |
| Debt-to-Capital | 13.62% | 73.45% | 73.12% |
| Net Debt to EBITDA | 2.32x | 2.45x | 10.01x |
| Current Ratio | 0.96 | 1.18 | 1.08 |
| Quick Ratio | 0.85 | 1.11 | 1.02 |
| Financial Leverage | 6.77x | 6.21x | 6.69x |
The analysis of Vistra's balance sheet signifies strong financial leverage, with improving metrics over recent years.
✅ Fundamental Strength & Profitability
The evaluation of profitability ratios and margin analysis helps assess Vistra's operational effectiveness and competitive position.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Return on Equity | 47.78% | 28.13% | -24.68% |
| Return on Assets | 7.04% | 4.53% | -3.69% |
| Net Margin | 15.44% | 10.10% | -8.81% |
| EBIT Margin | 25.12% | 17.71% | -7.27% |
| EBITDA Margin | 40.39% | 30.94% | 9.38% |
| Gross Margin | 43.69% | 37.35% | 12.25% |
These fundamental strengths underscore a significantly improving operational efficiency and profitability, positioning Vistra favorably within its sector.
⚠️ Price Development
📈 Dividend Scoring System
| Category | Rating | Score |
|---|---|---|
| Dividend Yield | 2 | |
| Dividend Stability | 4 | |
| Dividend Growth | 3 | |
| Payout Ratio | 5 | |
| Financial Stability | 4 | |
| Dividend Continuity | 5 | |
| Cashflow Coverage | 4 | |
| Balance Sheet Quality | 5 |
Total Score: 32/40
✅ Rating
Vistra Corp. exhibits a strong dividend proposition with excellent payout management and financial stability. While the yield may be modest, its consistent growth and strategic financial management make it an attractive choice for long-term investors seeking reliability with growth potential.