Glarner Kantonalbank Dividend
Dividend criteria checks 4/6
Glarner Kantonalbank is a dividend paying company with a current yield of 5.19% that is well covered by earnings.
Key information
5.2%
Dividend yield
57%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CHF1.93 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GLKBN has been paying a dividend for less than 10 years.
Growing Dividend: GLKBN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Glarner Kantonalbank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GLKBN) | 5.2% |
Market Bottom 25% (CH) | 1.9% |
Market Top 25% (CH) | 4.3% |
Industry Average (Banks) | 3.8% |
Analyst forecast in 3 Years (GLKBN) | 5.2% |
Notable Dividend: GLKBN's dividend (5.19%) is higher than the bottom 25% of dividend payers in the Swiss market (1.93%).
High Dividend: GLKBN's dividend (5.19%) is in the top 25% of dividend payers in the Swiss market (4.26%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.1%), GLKBN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GLKBN's dividends in 3 years are forecast to be covered by earnings (54.4% payout ratio).