March 04, 2026 a 12:46 pm
VST: Dividend Analysis - Vistra Corp.
Vistra Corp. stands as a significant player in the energy sector, with a promising profile for dividend investors. Their dividend yield is relatively modest at 0.56%, yet the consistent payment over nine years underscores a robust dividend history. The three and five-year growth rates suggest moderate stability and a capacity for future dividends, making Vistra an intriguing option for long-term income seekers.
📊 Overview
Vistra Corp.'s position in the energy sector allows it to maintain sustainable dividend payments, despite the inherent volatilities of the market. The company's 0.56% dividend yield reflects a careful balance between rewarding shareholders and reinvesting in growth opportunities.
| Parameter | Details |
|---|---|
| Sector | Energy |
| Dividend yield | 0.56 % |
| Current dividend per share | 0.90 USD |
| Dividend history | 9 years |
| Last cut or suspension | None |
📈 Dividend History
The consistency of Vistra Corp.'s dividend distribution over the years highlights its commitment to returning value to shareholders. A sustained record of dividends is crucial for investors seeking reliable income streams.
| Year | Dividend per Share (USD) |
|---|---|
| 2026 | 0.228 |
| 2025 | 0.9015 |
| 2024 | 0.8735 |
| 2023 | 0.8205 |
| 2022 | 0.724 |
📈 Dividend Growth
Analyzing the growth of dividends provides insights into the financial health and future outlook of a company. Vistra's growth rate over the past five years indicates stable expansion, suggestive of potential future increases in shareholder returns.
| Time | Growth (%) |
|---|---|
| 3 years | 7.58 % |
| 5 years | 10.79 % |
The average dividend growth is 10.79 % over 5 years. This shows moderate but steady dividend growth.
🏦 Payout Ratio
Payout ratios provide an understanding of how much proportion of earnings or free cash flow is distributed to shareholders. Vistra maintains reasonable levels, suggesting a healthy balance between capital preservation and shareholder returns.
| Key Figure | Ratio |
|---|---|
| EPS-based | 32.42 % |
| Free cash flow-based | 47.68 % |
With an EPS payout ratio of 32.42 % and a free cash flow payout of 47.68 %, Vistra exhibits a disciplined approach in rewarding its investors without over-leveraging its fiscal responsibilities.
💰 Cashflow & Capital Efficiency
Vistra's cash flow from operations and capital investments serves as a fundamental determinant of its ability to maintain and possibly grow dividends in the long term.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Free Cash Flow Yield | 0.23 % | 5.23 % | 26.52 % |
| Earnings Yield | 1.72 % | 5.59 % | 10.48 % |
| CAPEX/Operating Cash Flow | 84.28% | 45.54% | 30.74% |
| Stock-based Compensation to Revenue | 0.67% | 0.52% | 0.50% |
| Free Cash Flow / Operating Cash Flow Ratio | 3.17% | 54.46% | 69.26% |
The figures reflect Vistra's ability to generate strong cash flow, essential for capital investment and maintaining a reliable dividend policy.
📊 Balance Sheet & Leverage Analysis
Examining the balance sheet metrics is crucial to understand the financial leverage and stability of Vistra.
| Ratio | 2025 | 2024 | 2023 |
|---|---|---|---|
| Debt-to-Equity | 0.35 | 3.12 | 2.77 |
| Debt-to-Assets | 0.47 | 0.46 | 0.45 |
| Debt-to-Capital | 0.26 | 0.75 | 0.73 |
| Net Debt to EBITDA | -0.46 | 2.25 | 2.43 |
| Current Ratio | 0.30 | 0.96 | 1.18 |
| Quick Ratio | 0.30 | 0.84 | 1.11 |
| Financial Leverage | 0.76 | 6.78 | 6.21 |
The analysis reveals the increase in financial leverage over the years, indicating a strategic use of debt that necessitates monitoring for maintaining fiscal stability.
🪙 Fundamental Strength & Profitability
Key fundamental ratios allow investors to gauge Vistra's efficiency and profitability over the years.
| Measure | 2025 | 2024 | 2023 |
|---|---|---|---|
| Return on Equity | 18.47% | 47.74% | 28.13% |
| Return on Assets | 24.43% | 7.04% | 4.53% |
| Margins: Net | 5.56% | 13.72% | 9.60% |
| EBIT Margin | 13.56% | 23.54% | 17.69% |
| EBITDA Margin | 30.95% | 37.12% | 29.70% |
| Gross Margin | 17.52% | 39.70% | 33.27% |
| Research & Development to Revenue | 0.00% | 0.00% | 0.00% |
Despite varying returns, Vistra showcases decent overall profitability, driven by efficient cost structures and good asset turnover.
📉 Price Development
💯 Dividend Scoring System
| Criteria | Score (1-5) | Visualization |
|---|---|---|
| Dividend yield | 2 | |
| Dividend Stability | 5 | |
| Dividend growth | 3 | |
| Payout ratio | 4 | |
| Financial stability | 4 | |
| Dividend continuity | 5 | |
| Cashflow Coverage | 3 | |
| Balance Sheet Quality | 3 |
Total Score: 29/40
✅ Rating
Overall, Vistra Corp. displays a solid foundation for dividend investors, backed by stable growth and strategic management of resources. While the dividend yield is not exceptionally high, the consistency and stability of payments, alongside controlled payout ratios, indicate a reliable income source for shareholders.