Viatris Inc Offers Attractive Dividend Yield Above 4%
Understanding the Value of Dividends in Today’s Market
In recent trading, shares of Viatris Inc (Symbol: VTRS) yielded over 4%, thanks to its quarterly dividend of $0.48 annualized. On that day, the stock price dipped as low as $11.93. Dividends play a vital role for investors since they historically contribute significantly to total stock market returns. For instance, if you had invested in the S&P 500 ETF (SPY) at the close of 1999 for $146.88 per share, by the end of 2012, the share would have decreased to $142.41—a loss of $4.67 over those years. However, dividends during this time totaled $25.98 per share, resulting in a positive total return of 23.36%. Although the annualized total return averages around 1.6% when including reinvested dividends, a yield above 4% can be quite appealing, provided it is sustainable. Viatris Inc is a member of the S&P 500, marking its status as one of the large-cap companies within the index.
Dividend amounts can be unpredictable and often relate to each company’s profitability. By examining Viatris Inc’s dividend history illustrated below, investors can better assess the likelihood of the most recent dividend remaining consistent, which in turn helps determine the sustainability of the 4% annual yield.
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Additional Resources:
- Historical Earnings
- Funds Holding MRCP
- Top Ten Hedge Funds Holding REPX
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
